Home /
Expert Answers /
Finance /
a-5-year-ordinary-annuity-has-a-presentvalue-of-rs-1-000-if-the-interest-rate-is-8per-cent-the-am-pa503
(Solved): A 5-year ordinary annuity has a presentvalue of Rs. 1,000. If the interest rate is 8per cent, the am ...
A 5-year ordinary annuity has a presentvalue of Rs. 1,000. If the interest rate is 8per cent, the amount of each annuitypayment is closest to which of thefollowing?