In: Finance
Q4. |
One investment plan that you can buy on 1st December 2020 promises to give you certain payment of Rs.5000 on 1st December 2022. Then the payment will grow at 10% per annum. Six such payments will be made, and the last payment will be made on 1st December 2027. |
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a) |
Draw the cash flow diagram. |
(1) |