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A Company establishes a sinking fund to providefor the payment of Rs.2,00,000 debt maturing in20 years. Contributions to the fund are to be madeat the end of every year. Find the amount of eachannual deposit if interest is 5% per annum:Rs.6,142ORs.6,049ORs.6,052ORs.6,159 |
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Answer» OPTION B 6048.52 |
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