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What is the amount of perpetual annuity of ₹ 50 at 5% compound interest per year? - Business Mathematics and Statistics

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प्रश्न

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

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उत्तर

P = `"a"/"i" = 50/(5/100) = (50 xx 100)/5` = ₹ 1,000

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अध्याय 7: Financial Mathematics - Exercise 7.1 [पृष्ठ १६७]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.1 | Q 10 | पृष्ठ १६७

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