Moneywise Investments floated a scheme – “Pay us Rs. 100 per year for 10 years; we will pay a fixed amount per year forever thereafter” All payments are made and received at the end of the year. The interest rate used in the computations by Moneywise Investments is 7%. What is the amount (to the nearest integer) that Moneywise can then pay back every year to the investor?
Is there an issue of grammar and sentence structure here or are you just posing a mathematical question?
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Is there an issue of grammar and sentence structure here or are you just posing a mathematical question?