alleryStart learning →Rs 1,331 is due in 3 years. Discounted at 10% yearly, its present value is?
ARs 1,000
BRs 1,100
CRs 1,200
DRs 900
Answer & Solution
Correct answer: A. Rs 1,000
1,331 divided by 1.1^3 (1.331) equals Rs 1,000.
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