A sum of ₹ 60,000 is invested @ 12% p.a. for 6 years. What will be the present value of its maturity value (₹), assuming a discount rate of return of 10% ?
CS Executive · Financial and Strategic Management · PYQS · December 2024
A sum of ₹ 60,000 is invested @ 12% p.a. for 6 years. What will be the present value of its maturity value (₹), assuming a discount rate of return of 10% ?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Management
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