Question
Download Solution PDFIt is expected to receive Rs. 5,000 annually for 3 years with each receipt occurring at the end of the year. With a discount rate of 10%, the present value of the annuity will be nearly
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
\(TPV = \sum \frac{A}{{{{\left( {1 + i} \right)}^n}}}\)
\(TPV = \frac{{5000}}{{\left( {1.1} \right)}} + \frac{{5000}}{{{{\left( {1.1} \right)}^2}}} + \frac{{5000}}{{{{\left( {1.1} \right)}^3}}}\)
TPV = 4545 + 4132 + 3757
∴ TPV = 12435
Last updated on Jun 23, 2025
-> UPSC ESE result 2025 has been released. Candidates can download the ESE prelims result PDF from here.
-> UPSC ESE admit card 2025 for the prelims exam has been released.
-> The UPSC IES Prelims 2025 will be held on 8th June 2025.
-> The selection process includes a Prelims and a Mains Examination, followed by a Personality Test/Interview.
-> Candidates should attempt the UPSC IES mock tests to increase their efficiency. The UPSC IES previous year papers can be downloaded here.