alleryStart learning →What yearly sinking fund deposit at 10% builds Rs 4,641 in 4 years?
ARs 1,200
BRs 1,000
CRs 1,100
DRs 1,160
Answer & Solution
Correct answer: B. Rs 1,000
The 4-year factor is (1.4641 - 1)/0.1 = 4.641, so the deposit is Rs 1,000.
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