please answer correct Q.1 Potential analyst should take into account the time value...

70.2K

Verified Solution

Question

Finance

please answer correct

image

Q.1 Potential analyst should take into account the time value of money. Explain with suitable examples. If the cost of a new mobile phone will be Rs. 10,000 after five years and the interest rate is 5%, how much we would have to set aside now to buy it after five years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students