Assignment Q & A Q1.9

Discussion in 'CT1' started by Anitha, Mar 17, 2017.

  1. Anitha

    Anitha Member

    Hi All,

    I am unable to understand how is this annuity is getting calculated. Option ii & iii are correct ones. iii is fine.
    How ii is obtained. Can anyone explain?
     

    Attached Files:

    Anitha, Mar 17, 2017
    #1
  2. Bharti Singla

    Bharti Singla Senior Member

    Taking 200 pa for 40 years, deducting 80 pa for first 25 years and then deducting 20 pa for first 20 years leaves :
    200-80-20=100 pa for first 20 years
    200-80= 120 pa for next 5 years
    200 pa for last 15 years
     

    Attached Files:

    Bharti Singla, Mar 18, 2017
    #2
    John Lee and Anitha like this.
  3. Anitha

    Anitha Member

    Thank you.
     
    Anitha, Mar 18, 2017
    #3
    Bharti Singla likes this.

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