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Section C (4 Mark)Read the senario and answer to the question.

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Bhaitia will continue to invest Rs. 10,000 in his PPF a/c at the beginning of each year till his retirement. Then calculate how much he has to save extra at the end of per month in a scheme to achieve his retirement corpus with a yield of 10%?

A.

Rs. 4507

B.

Rs. 3714

C.

Rs. 3745

D.

Rs. 5567

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