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This topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.

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September 18, 2023 at 5:28 pm #692220
samiaasif942
Participant
- Topics: 31
- Replies: 4
The present value of five year annuity which begins in one year’s time is £60000 at a cost of
capital of 5% per annum. What is the amount of annuity?
A) £12000
B)£ 13198
C) £13860
D) £259769
IS THE ANSWER D??
PLEASE SIR/MISS HELP
September 19, 2023 at 7:37 am #692237
John Moffat
Keymaster
- Topics: 57
- Replies: 54646
Yes, the answer is D.
(But do also see what I wrote in reply to your earlier question).
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