हिंदी

For an annuity due, C = ₹ 2000, rate = 16% p.a. compounded quarterly for 1 year ∴ Rate of interest per quarter = □4 = 4 ⇒ r = 4% ⇒ i = □100=4100 = 0.04 n = Number of quarters = 4 × 1 = □

Advertisements
Advertisements

प्रश्न

For an annuity due, C = ₹ 2000, rate = 16% p.a. compounded quarterly for 1 year

∴ Rate of interest per quarter = `square/4` = 4

⇒ r = 4%

⇒ i = `square/100 = 4/100` = 0.04

n = Number of quarters

= 4 × 1

= `square`

⇒ P' = `(C(1 + i))/i [1 - (1 + i)^-n]`

⇒ P' = `(square(1 + square))/0.04 [1 - (square + 0.04)^-square]`

= `(2000(square))/square [1 - (square)^-4]`

= 50,000`(square)`[1 – 0.8548]

= ₹ 7,550.40

रिक्त स्थान भरें
योग
Advertisements

उत्तर

For an annuity due, C = ₹ 2000, rate = 16% p.a. compounded quarterly for 1 year

∴ Rate of interest per quarter = `bb(16)/4` = 4

⇒ r = 4%

⇒ i = `bbr/100 = 4/100` = 0.04

n = Number of quarters

= 4 × 1

= 4

⇒ P' = `(C(1 + i))/i [1 - (1 + i)^-n]`

⇒ P' = `(bb(2000)(1 + bb(0.04)))/0.04 [1 - (bb(1) + 0.04)^-bb(4)]`

= `(2000(bb(1.04)))/bb(0.04) [1 - (bb(1.04))^-4]`

= 50,000(1.04)[1 – 0.8548]

= 50,000(1.04)(0.1452)

= ₹ 7,550.40

shaalaa.com
Annuity
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2025-2026 (March) Model set 2 by shaalaa.com

संबंधित प्रश्न

Find the amount accumulated after 2 years if a sum of ₹ 24,000 is invested every six months at 12% p.a. compounded half yearly. [Given (1.06)4 = 1.2625]


Find accumulated value after 1 year of an annuity immediate in which ₹ 10,000 is invested every quarter at 16% p.a. compounded quarterly. [Given (1.04)4 = 1.1699]


Find the present value of an annuity immediate of ₹36,000 p.a. for 3 years at 9% p.a. compounded annually. [Given (1.09)−3 = 0.7722]


Find the present value of an ordinary annuity of ₹63,000 p.a. for 4 years at 14% p.a. compounded annually. [Given (1.14)−4 = 0.5921]


A lady plans to save for her daughter’s marriage. She wishes to accumulate a sum of ₹ 4,64,100 at the end of 4 years. What amount should she invest every year if she gets an interest of 10% p.a. compounded annually? [Given (1.1)4 = 1.4641]


Find the number of years for which an annuity of ₹500 is paid at the end of every year, if the accumulated amount works out to be ₹1,655 when interest is compounded annually at 10% p.a.


A person plans to put ₹400 at the beginning of each year for 2 years in a deposit that gives interest at 2% p.a. compounded annually. Find the amount that will be accumulated at the end of 2 years.


Find the present value of an annuity due of ₹ 600 to be paid quarterly at 32% p.a. compounded quarterly. [Given (1.08)−4 = 0.7350]


For an annuity immediate paid for 3 years with interest compounded at 10% p.a., the present value is ₹24,000. What will be the accumulated value after 3 years? [Given (1.1)3 = 1.331]


Choose the correct alternative :

Amount of money today which is equal to series of payments in future is called


Fill in the blank :

The person who receives annuity is called __________.


Fill in the blank :

The payment of each single annuity is called __________.


Fill in the blank :

The intervening time between payment of two successive installments is called as ___________.


Fill in the blank :

If payments of an annuity fall due at the beginning of every period, the series is called annuity __________.


State whether the following is True or False:

Annuity certain begins on a fixed date and ends when an event happens.


State whether the following is True or False :

Annuity contingent begins and ends on certain fixed dates.


State whether the following is True or False :

The present value of an annuity is the sum of the present value of all installments.


Solve the following :

A shopkeeper insures his shop and godown valued at ₹5,00,000 and ₹10,00,000 respectively for 80 % of their values. If the rate of premium is 8 %, find the total annual premium.


Solve the following :

Find the present value of an annuity immediate of ₹20,000 per annum for 3 years at 10% p.a. compounded annually. [(1.1)–3 = 0.7513]


Solve the following :

A company decides to set aside a certain amount at the end of every year to create a sinking fund that should amount to ₹9,28,200 in 4 years at 10% p.a. Find the amount to be set aside every year. [(1.1)4 = 1.4641]


Solve the following :

Find the future value after 2 years if an amount of ₹12,000 is invested at the end of every half year at 12% p. a. compounded half yearly. [(1.06)4 = 1.2625]


Multiple choice questions:

Rental payment for an apartment is an example of ______


If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______


The intervening time between payment of two successive installments is called as ______


A 35-year old person takes a policy for ₹ 1,00,000 for a period of 20 years. The rate of premium is ₹ 76 and the average rate of bonus is ₹ 7 per thousand p.a. If he dies after paying 10 annual premiums, what amount will his nominee receive?


A company decides to set aside a certain sum at the end of each year to create a sinking fund, which should amount to ₹ 4 lakhs in 4 years at 10% p.a. Find the amount to be set aside each year?
[Given (1.1)4 = 1.4641]


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×