Question
An insurance investment plan offers a maturity value of
₹5,00,000 after 5 years. If the opportunity cost of capital is 9% compounded annually, calculate the present value of this investment and advise whether it exceeds the investment cost of ₹3,25,000.Solution
PV = 5,00,000 / (1.09)5 = 5,00,000 / 1.53862 = ₹3,24,896. Hence, marginally below investment of ₹3,25,000.
Consider the following in regards to the land donation during Katyuri Rule in Uttarakhand:
1. Sankalp Bhoomi or Bishnupreet Bhoomi – To learned...
An optical fibre works on the principle/theory of?
World red-cross day is celebrated every year on -
___________ is the second-largest merchant-acquiring financial institution within the nation in 2021 by putting in over two lakh card-swipe machines thr...
Which country recently became the newest member of the European Union?
Which of the following is the largest natural lake in Himachal Pradesh?
The International Court of Justice is headquartered in:
The term ‘Sapta Sindhu’ (group of seven chief rivers) is mentioned in which Veda?
According to the Becket list, arrange in linear order the kings of Pawar Dynasty ascended the throne after Kanak Pal?
1) Shyama Pal
2) Pad...
Which of the following Export Control Regime has recently admitted India into their membership