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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

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 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 present value of an annuity of ₹ 900 payable at the end of 6th month for 6 years. The money compounded at 8% per annum. [(1.04)–12 = 0.6252]


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]


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


An annuity in which payments are made at the beginning of each payment period is called ___________.


Example of contingent 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 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]


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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