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     EduGorilla 
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    An annuity of Rs 500 is paid at the end of each month of the year 2018. Calculate the approximate present value of annuity as on January 1, 2018, considering the rate of interest being 12 %.

    Options :-

    1. 5625
    2. 9850
    3. 4500
    4. 8965
    5. 3254
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