Professional Documents
Culture Documents
FV 550,000
Time (years) 8 Present Value ₹308,386.23
Rate 0.075
Interpretation: The person should deposite ₹3,08,386.23 in order to get ₹5,50,000 in 8 years.
Investment 2,300,000
Project Life (years) 8
Rate 0.062
in 8 years.