The present value of ₹1,00,000 to be received 3 years later when rate of return is 10% p.a. compounded annually is :

CS Executive · Financial and Strategic Management · PYQS · June 2022
The present value of ₹1,00,000 to be received 3 years later when rate of return is 10% p.a. compounded annually is :
(A) ₹75,131
(B) ₹86,153
(C) ₹72,900
(D) ₹70,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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