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Home Questions 5ZQAXJ954J

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The present value of a perpetuity of ₹1200 payable at the beginning of each year, if money is worth 5% per annum is :

Options:

₹25,500

₹24,000

₹24,200

₹25,200

Correct Answer:

₹25,200

CUET Questions