Math/Applied mathThe present value of a sequence of payments of ₹800 made at the end of every 6 month and continuing forever, if money is worth 4% p.a. compounded semi-annually, is

The present value of a sequence of payments of 800 made at the end of every 6 month and continuing forever, if money is worth 4% p.a. compounded semi-annually, is

  1. A

     ₹ 20000

  2. B

     ₹ 40000

  3. C

     ₹ 60000

  4. D

     ₹ 80000

    Fill Out the Form for Expert Academic Guidance!l



    +91



    Live ClassesBooksTest SeriesSelf Learning



    Verify OTP Code (required)

    I agree to the terms and conditions and privacy policy.

    Solution:

    Given R=800,i=4200=0.02

    So, P=Ri=8000.02=40000

     Option (b) is the correct answer.

    Chat on WhatsApp Call Infinity Learn

      Talk to our academic expert!



      +91


      Live ClassesBooksTest SeriesSelf Learning




      Verify OTP Code (required)

      I agree to the terms and conditions and privacy policy.