Practicing Success
Practicing Success
CUET Preparation Today
In a sinking fund of periodic payment ₹R payable at the end of each payment period for n periods, interest being r% per period or $i=\frac{r}{100}$, the amount A that can be discharged is |
$R\left[\frac{(1+i)^n}{i}\right]$ $R\left[\frac{(1+i)^n+1}{i}\right]$ $R\left[\frac{(1+i)^n-1}{i}\right]$ $R\left[\left(\frac{1+i}{i}\right)^n-1\right]$ |
$R\left[\frac{(1+i)^n}{i}\right]$ |
The correct answer is Option () - |
