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₹ 5000 is paid as perpetual annuity every year and the rate of C.I. 10%. Then present value P of immediate annuity is __________. - Business Mathematics and Statistics

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प्रश्न

₹ 5000 is paid as perpetual annuity every year and the rate of C.I. 10%. Then present value P of immediate annuity is __________.

विकल्प

  • ₹ 60,000

  • ₹ 50,000

  • ₹ 10,000

  • ₹ 80,000

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उत्तर

₹ 5000 is paid as perpetual annuity every year and the rate of C.I. 10%. Then present value P of immediate annuity is ₹ 50,000.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Financial Mathematics - Exercise 7.3 [पृष्ठ १७२]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.3 | Q 10 | पृष्ठ १७२

संबंधित प्रश्न

Find the amount of an ordinary annuity of ₹ 3,200 per annum for 12 years at the rate of interest of 10% per year. [(1.1)12 = 3.1384]


Find the amount of an ordinary annuity of 12 monthly payments of ₹ 1,500 that earns interest at 12% per annum compounded monthly. [(1.01)12 = 1.1262]


A bank pays 8% per annum interest compounded quarterly. Find the equal deposits to be made at the end of each quarter for 10 years to have ₹ 30,200? [(1.02)40 = 2.2080]


Find the present value of ₹ 2,000 per annum for 14 years at the rate of interest of 10% per annum. If the payments are made at the end of each payment period. [(1.1)–14 = 0.2632]


Find the amount at the end of 12 years of an annuity of ₹ 5,000 payable at the beginning of each year, if the money is compounded at 10% per annum. [(1.1)12 = 3.1384]


If ‘a’ is the annual payment, ‘n’ is the number of periods and ‘i’ is compound interest for ₹ 1 then future amount of the ordinary annuity is


Find the amount of annuity of ₹ 2000 payable at the end of each year for 4 years of money is worth 10% compounded annually. [(1.1)4 = 1.4641]


Find the amount of an ordinary annuity of ₹ 600 is made at the end of every quarter for 10 years at the rate of 4% per year compounded quarterly. [(1.01)40 = 1.4889]


Find the amount of an annuity of ₹ 2000 payable at the end of every month for 5 years if money is worth 6% per annum compounded monthly. [(1.005)60 = 1.3489]


A cash prize of ₹ 1,500 is given to the student standing first in examination of Business Mathematics by a person every year. Find out the sum that the person has to deposit to meet this expense. Rate of interest is 12% p.a.


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