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in Financial Mathematics by (47.9k points)
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The present value of the perpetual annuity of Rs 2000 paid monthly at 10 % compound interest is: 

(a) Rs 2,40,000 

(b) Rs 6,00,000 

(c) Rs 20,40,000 

(d) Rs 2,00,400

1 Answer

+1 vote
by (47.6k points)
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Best answer

Answer is (a) Rs 2,40,000

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