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A company is considering a project which requires an investment of Rs.1,200,000 now andRs 300.000 at the end of the 1st year. It will earn Rs.200,000 at the end of 2nd year and thereafterit will eam a fixed annual amount upto the 7th year. If interest rate is 11%, the amount that theproject should earn annually i.e. from year 3 to year 7. if the company desires to earn a netpresent value of Rs. 100,000 is: |
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