In the cash-flow diagram shown in the given figure A. Equal deposits of Rs. 3000 per year B. The rate of interest is 10% per year account C. The amount accumulated after the seventh deposit is to be computed D. All of these

Equal deposits of Rs. 3000 per year
The rate of interest is 10% per year account
The amount accumulated after the seventh deposit is to be computed
All of these

The correct answer is D. All of these.

The cash-flow diagram shows that equal deposits of Rs. 3000 are made at the end of each year for 7 years. The interest rate is 10% per year. The amount accumulated after the seventh deposit is to be computed.

The formula for the future value of an annuity is $FV = A\left(\frac{1+r)^n-1}{r}\right)$, where $A$ is the amount of each deposit, $r$ is the interest rate, and $n$ is the number of years. In this case, $A = 3000$, $r = 0.1$, and $n = 7$. Substituting these values into the formula, we get $FV = 3000\left(\frac{1+0.1)^7-1}{0.1}\right) = 3000\left(\frac{1.1)^7-1}{0.1}\right) = 4346.44$. Therefore, the amount accumulated after the seventh deposit is Rs. 4346.44.

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