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If an amount R is paid at the end of every year for ‘n’ years, then the net present value of the annuity at an interest rate of i is

Question: If an amount R is paid at the end of every year for ‘n’ years, then the net present value of the annuity at an interest rate of i is
[A].

[B].

[C].

R(1 + i)n

[D].

R/(1 + i)n

Answer: Option B

Explanation:

No answer description available for this question.