CUET Preparation Today
CUET
-- Mathematics - Section B2
Financial Mathematics
The present value of a perpetual income of ₹x payable at the end of each 6 months is ₹1,80,000. If the money is worth 5% compounded semi-annually, then the value of x is ₹:
4500
7500
9000
4250
The correct answer is Option (1) - 4500