You wish to save for your son's education the present cost of which is Rs. 320000 and is expected to increase by 6% every year. If your son is 12 years old and will require money in 8 years time, what is the annual amount of investment to be made if it is likely to earn 12% rate of return?

Compute Geometric mean return for an investment with the following per period return - 8.9%, 10%, 7.7%,
13%?

Basic Idea of retirement benefit plan is

Once the child reaches the vesting age, i.e. the age when the life assurance commences, he or she can claim cash option i.e. he can opt to receive the premium amount paid so far under the policy in case the policy is discontinued. This is possible under:

Which of the following is an inferential data (i.e. data which may not be correctly obtained by simply asking a direct question)?