CBSE BoardEnglish MediumSTD 11 ScienceApplied MathsBasic Concepts of Financial Mathematics2 Marks
Question
Write the relationship between present and future value of an annuity regular.
✓
Answer
Present value of an annuity regular $ =\frac{\text { Future value of an annuity regular }}{(1+i)^n} $ Where, $i=$ is the rate of interest per conversion period $n=$ no. of conversion period.
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