what is the present value of Rs 10,000 due in 2 years at 8%p.a
"A=10,000"
"n=2"
"i=0.08"
Using the yearly means
"A=P(1+i)^n"
"10,000=P(1+0.08)^2"
"10,000=P(1.08)^2"
"10,000=1.1664P"
"P=8,573.38"
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