What is the present worth of Rs. 272.61 due in 2 years 73 days at 7 1/ 2 percent?

Question

Accepted Answer

Required answer = (100 x 272.61) / (100 + 15/2 x 273/365) = 27261 / (100 + 33/2) = (27261 x 2)/233 = Rs. 234.

Discussion & Comments