Ajesh has set up a sinking fund in order to have ₹ 10,00,000 after 10 years for his son's education. The amount should be set aside at the end of…
CUET UG 2025 — Mathematics Statistics & Applications
Ajesh has set up a sinking fund in order to have ₹ 10,00,000 after 10 years for his son's education. The amount should be set aside at the end of every 6 months into an account paying 5% per annum compounded half yearly is: [given (1.025)20=1.6386]
Held on 22 May 2025 · Verified 13 Jul 2026.
Options
- A
₹ 3,7438.8
- B
₹ 3,091.48
- C
₹ 3,9,148.1
- D
₹ 3914.00
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