Contribute consistently to accomplish the objective sum

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you plan to travel to another country for higher studies in the wake of working for the following five years and comprehend that a measure of Rs.2,000,000 will be required for this reason at that time. You have chosen to amass this sum by contributing a settled sum at the end of every year in a sheltered plan offering a rate of enthusiasm at 10 percent. What sum would it be a good idea for you to contribute consistently to accomplish the objective sum?

Reference no: EM13906644

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