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Section B (2 Mark)Narayan expects to receive Rs 25000 in net receipts each year for...

Section B (2 Mark)

Narayan expects to receive Rs 25000 in net receipts each year for five year and to sell the property for Rs 350,000 at the end of the five-year period, if Narayan expects a 15% return, what would be the value of the property?

A.

Rs. 2,57,818

B.

Rs. 2,70,386

C.

Rs. 3,25,000

D.

Rs. 2,60,000

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