Class 11 Chapter 10 TIME VALUE OF MONEY
Practice Question No. 1 [Advance Saraswati Publication] Calculate Future value of : i) An initial Rs. 500 compounded for 2 year at 7 percent. ii) An initial Rs 500 compounded for 10 years at 12 percent. iii) An initial Rs. 500 compounded for 10 year at 6 percent. [Ans: i. Rs. 572.45 ii. Rs. 1552.90 iii. Rs. 895.40 ] Practice Question No. 2 [Asmita's Publication] Find the future value of the following: i. 1000 compounded for 2 year at 14 percent ii. Present value is Rs. 2250 for 30 year at 12 Percent. iii. Future value at 9 percent at 16 year of Rs. 9310. iv. Future value of present sum of Rs. 99,500 compounded at 6 percent for 5 year. [ Ans: i. Rs. 1299.60 ii. Rs. 67,409.78 iii. Rs. 36,963.49 iv. Rs. 133,150.90] Practice Question No. 3 [KEC Publication] a. If you deposit Rs. 10,000 in a bank account that pays 10 percent interest annually, how much money will be in your account after 5 years ? b. your parent will retire afte...