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The present value of the perpetual annuity of ₹ 2000 paid monthly at 10% compound interest is ___________. - Business Mathematics and Statistics

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प्रश्न

The present value of the perpetual annuity of ₹ 2000 paid monthly at 10% compound interest is ___________.

विकल्प

  • ₹ 2,40,000

  • ₹ 6,00,000

  • ₹ 20,40,000

  • ₹ 2,00,400

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उत्तर

The present value of the perpetual annuity of ₹ 2000 paid monthly at 10% compound interest is ₹ 2,40,000.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Financial Mathematics - Exercise 7.3 [पृष्ठ १७३]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.3 | Q 14 | पृष्ठ १७३

संबंधित प्रश्न

If the payment of ₹ 2,000 is made at the end of every quarter for 10 years at the rate of 8% per year, then find the amount of annuity. [(1.02)40 = 2.2080]


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]


What is the present value of an annuity due of ₹ 1,500 for 16 years at 8% per annum? What is the present value of an annuity due of ₹ 1,500 for 16 years at 8% per annum? [(1.08)16 = 3.172]


What is the amount of perpetual annuity of ₹ 50 at 5% compound interest per year?


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]


An equipment is purchased on an installment basis such that ₹ 5000 on the signing of the contract and four-yearly installments of ₹ 3000 each payable at the end of first, second, third and the fourth year. If the interest is charged at 5% p.a find the cash down price. [(1.05)–4 = 0.8227]


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.


Machine A costs ₹ 15,000 and machine B costs ₹ 20,000. The annual income from A and B are ₹ 4,000 and ₹ 7,000 respectively. Machine A has a life of 4 years and B has a life of 7 years. Find which machine may be purchased. (Assume discount rate 8% p.a) [(1.08)–4 = 0.7350, (1.08)–7 = 0.5835]


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