Examveda
Examveda

The uniform end of year payment, R, which can be realized for n years from a single present investment, P, at i rate of interest is

A. $$R = P{\left( {1 + i} \right)^n}\left[ {\frac{i}{{{{\left( {1 + i} \right)}^n} - 1}}} \right]$$

B. $$R = P{\left( {1 + i} \right)^n}\left[ {\frac{{{{\left( {1 + i} \right)}^n} - 1}}{i}} \right]$$

C. $$R = P\left[ {\frac{{{{\left( {1 + i} \right)}^n} - 1}}{i}} \right]$$

D. $$R = \frac{P}{{{{\left( {1 + i} \right)}^n}}}\left[ {\frac{i}{{{{\left( {1 + i} \right)}^n} - 1}}} \right]$$

Answer: Option A


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