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Future value of annuity FVA(due) is if deposited value is Rs...

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Financial Management
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Future value of annuity FVA(due) is, if deposited value is Rs 100 and earn 5% every year of total three years will be

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Correct Answer: Option D
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Narayan Maharana
Narayan Maharana 6 years ago
1 year return at 5% of Rs 100= 105
2 year return at 5% of Rs 105= 110.25
3 year return at 5% of Rs 110.25= 115.76
total return = 331.01
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