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Question: 01 Marks: 10
Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit of 8% compound annually, how much should he start investing annually?
Question: 02 Marks: 10
Find the unknown values of , , and if
and are multiplicative inverses of each other. Where .
Question: 03 Marks: 10
If and are the means for the two sets and respectively and related by and . Then find the values of ‘ ’ and ‘ ’.
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ANS Q 1 R = Rs. 874.25
Ans. Q 2 A = 2 b = 7 c = 5 d = 3
Ans. Q 3 :(