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प्रश्न
Find the accumulated value after 3 years of an immediate annuity of Rs 2,000 p.a. with interest compounded at 10% p.a. [Given (1.1)3 = 1.331]
उत्तर
Given: C = Rs 2,000, r= 10% p.a. h = 3 years
t = `"r"/100 = 10/100 = 0.1`
Accumulated value (A) = `"C"/"i" [(1 + "i")^"n" - 1] `
`= 2000/0.1 [(1 + 0.1)^3 - 1]`
`= 20000 [(1.1)^3 - 1]`
= 20000 [0.331]
∴ A = 6620
∴ Accumulated value of annuity = Rs 6620
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