An investment of Rs. 1000 is carrying an interest of 10% compounded
quarterly. The value of the investment at the end of five years will be
Answer : Option A
The amount of compounded interest during 'n' interest periods is
If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by
Answer : Option B
According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with '' times the capacity of the first unit is approximately equal to __________ times the cost of the initial unit.
If an amount R is paid at the end of every year for 'n' years, then the net present value of the annuity at an interest rate of i is