Ms. Prajakta earns Rupees 2,40,000/-, Per Annum. She spends Rupees 1 L – McqOptions

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1.	Ms. Prajakta earns Rupees 2,40,000/-, Per Annum. She spends Rupees 1 Lakh, Per Annum, on Her-Self. The Market Rate-of-Interest is 7%. Calculate Ms. Prajakta's Life Assurance Amount, through the Human Life Value (H.L.V.) Method.
A.	Rupees 15 Lakhs.
B.	Rupees 20 Lakhs.
C.	Rupees 10 Lakhs.
D.	Rupees 24 Lakhs.
Answer» C. Rupees 10 Lakhs.

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