2024 Slot 1 - A Multinational company creates a sinking fund by setting a sum of ₹ 12,000 annually for 10 years to pay off a bond issue of ₹ 72,000. If the fund accumulates at 5 \% per annum compound interest, then the surplus after paying for bond is : (Use .(1.05)^10 1.6) | PYQs + Solutions

2024 Slot 1

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₹ $78,900$

₹ $68,500$

₹ $72,000$

₹ $1,44,000$

✅ Correct Option: 3

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2024 Slot 1 PYQs

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