2969. If security pays Rs 5,000 in 20 years with 7% annual interest rate, PV of security by using formula is August 24, 2025 by Administrator Rs 1,290.10 Rs 1,292.10 Rs 1,295.10 Rs 1,297.10 ✅ The correct answer is B. Present Value = FV / ( 1 + r/100 )ⁿ = 5000 / ( 1 + 7/100)²⁰ = Rs. 1292.10