Mathematics · Compound Interest
What is the present value of ₹10,506.25 payable in 2 years at 2.5% annual compound interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹12,000
- 2₹10,000✓
- 3₹11,000
- 4₹13,000
Correct answer
₹10,000
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