मराठी
तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता ११

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

Advertisements
Advertisements

प्रश्न

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

बेरीज
Advertisements

उत्तर

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

shaalaa.com
Annuities
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Financial Mathematics - Exercise 7.1 [पृष्ठ १६७]

APPEARS IN

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

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 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]


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


Calculate the amount of an ordinary annuity of ₹ 10,000 payable at the end of each half-year for 5 years at 10% per year compounded half-yearly. [(1.05)10 = 1.6289]


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]


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]


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×