मराठी
तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता ११

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

Advertisements
Advertisements

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

MCQ
रिकाम्या जागा भरा

उत्तर

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

shaalaa.com
Annuities
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Financial Mathematics - Exercise 7.3 [पृष्ठ १७३]

APPEARS IN

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

संबंधित प्रश्‍न

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]


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]


₹ 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]


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]


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]


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×