Question

Future Value after 3 year = 3,00,000. The rate is 10 %. is present value today.

• A. Rs. 2,25,395
• B. Rs. 2,25,390
• C. Rs. 2,25,000
• D. Rs. 2,25,394

Answer 1

The correct option is D Rs. 2,25,394

Present Value

PV = FV(1+r)n{FV\over {(1+r)^n}}

= 3,00,000(1+0.1)3{3,00,000\over{(1+0.1)^3}}

= Rs. 2,25,394