MCQOPTIONS
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MCQOPTIONS
| 1. |
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 _________________? |
| A. | R [{(1 + i)n – 1}/ i ] |
| B. | R [{(1 + i)n – 1}/ i (1 + i)n] |
| C. | R(1 + i)n |
| D. | R/(1 + i)n |
| Answer» C. R(1 + i)n | |