If an amount R is paid at the end of every year for 'n' years, then the net pres

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

Options:

A . R[((1 + i)n - 1)/i]

B . [((1 + i)n - 1)/i(1 + i)n]

C . R(1 + i)n

D . R/(1 + i)n

Answer: Option B

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