alleryStart learning →Two yearly payments of Rs 1,100 start today. At 10%, their present value is?
ARs 2,200
BRs 1,910
CRs 2,000
DRs 2,100
Answer & Solution
Correct answer: D. Rs 2,100
The first payment is already due, so PV is 1,100 + 1,100/1.1 = Rs 2,100.
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