*/*_If security pays Rs 5,000 in 20 years with 7% annual interest rate, PV of security by using formula is?

*/*_If security pays Rs 5,000 in 20 years with 7% annual interest rate

1.	/_If security pays Rs 5,000 in 20 years with 7% annual interest rate, PV of security by using formula is?
A.	Rs 1,290.10
B.	Rs 1,292.10
C.	Rs 1,295.10
D.	Rs 1,297.10
Answer» C. Rs 1,295.10