Q:

A) 19296 | B) 19396 |

C) 19496 | D) 19596 |

Answer: A) 19296

Explanation:

Explanation:

The single equivalent payment will be PV + FV.

FV = Future value of $10,000, 12 months later

$10,000 *(1.0075)/12

$10,938.07

PV= Present value of $10,000, 24 months earlier

$10,000/(1.0075)24

$8358.31

The equivalent single payment is

$10,938.07 + $8358.31 = $19,296.38

Q:

A) Rs.2628 | B) Rs.2662 |

C) Rs.2600 | D) Rs.3200 |

0
365

Q:

A) Rs.400 | B) Rs.390 |

C) Rs.380 | D) Rs.350 |

2
291

Q:

A) Rs. 2000 | B) Rs. 2050 |

C) Rs. 2100 | D) Rs. 2150 |

0
277

Q:

A) 21750 | B) 22050 |

C) 23250 | D) 24650 |

0
239

1
251

Q:

A) Rs.9000 | B) Rs.9500 |

C) Rs.10,000 | D) Rs.10,500 |

1
255

Q:

A) 3 years | B) 4 years |

C) 2 years | D) 1 year |

4
565

2
381