Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

At 6% converted quaterly, the present value of perpetuity of 6,000 payable at the end of each quarter (in rupees ) is :

Options:

1,00,000

10,000

40,000

4,00,000

Correct Answer:

4,00,000