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

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प्रश्न

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

पर्याय

  • ₹ 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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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Financial Mathematics - Exercise 7.3 [पृष्ठ १७३]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
पाठ 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]


A person deposits ₹ 2,000 at the end of every month from his salary towards his contributory pension scheme. The same amount is credited by his employer also. If 8% rate of compound interest is paid, then find the maturity amount at end of 20 years of service. [(1.0067)240 = 4.9661]


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]


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]


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]


Naveen deposits ₹ 250 at the end of each month in an account that pays an interest of 6% per annum compounded monthly, how many months will be required for the deposit to amount to at least ₹ 6390? [log(1.1278) = 0.0523, log(1.005) = 0.0022]


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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