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Section B (2 Mark)What is the PV of an Annuity Due which provides Rs.

Section B (2 Mark)

What is the PV of an Annuity Due which provides Rs. 2,000/- per month for first 3 years and then Rs. 3,000/- per month for next 2 years. This annuity starts 4 years from now and ROI is 9 % per annum compounded monthly?

A.

81234.87

B.

66159.94

C.

80704.76

D.

79453.34

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