What is the present value of the following cash flows, if the Interest rate is 8%?

Which of the following is a reasonable assumption to make about the understanding of a client on the Wealth planning Process?

Rakesh owes Rs. 10000 to Haresh who transfers the debt amount to Chirag. Haresh then demands the same from Rakesh, who does not have a notice of the transfer as per section 131 but still pays to Haresh. This payment is invalid &Chirag can sue Rakesh for the debt

Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000/- per annum and saves
20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.?

Tax exemption limit for the lump sum received towards Leave encashment on retirement is at
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