Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

Which of the following is the present values of a perpetuity of ₹5,250 at the beginning of each year, if money is worth 7% effective ?

Options:

₹85,000

₹82,250

₹80,250

₹85,250

Correct Answer:

₹80,250