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Financial Forensics · Quiz 2 · 3 Dec 2023 · September 2023 term

Question 22: Mr. Alex will receive annuity payments of ₹ 5000 a year …

Question 22

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Mr. Alex will receive annuity payments of ₹ 5000 a year for 4 years, with the first payment occurring at the beginning of Year 3. What is the value of this annuity to her today at a discount rate of 7.25 percent?

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Correct answer: 14640 (accepted within ±5)

Question 22 of 25 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 3 Dec 2023, in the September 2023 term (IIT M DEGREE AN2 EXAM QDB2 03 Dec 2023). It carries 1 mark.

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