Find the present value of perpetuity of ₹600 at end of each quarter if money is worth 8% compounded quarterly.

Monjur Alahi

Find the present value of perpetuity of ₹600 at end of each quarter if money is worth 8% compounded quarterly.


0 like 0 dislike
2 views
Share with your friends

1 Answers

Salim Ahmed Kawsar

Call

R = ₹600

\(i=\frac{0.08}{4}\) = 0.02

Present value of perpetuity = P = \(\frac{R}{i}\)

⟹ P = \(\frac{600}{0.02}\) = ₹30,000

0 like 0 dislike
2 views
Talk Doctor Online in Bissoy App
Three years before the population of a village was 10000. If at the end of each year, 20% of the prople migrated to a neaby town, what is its present

Correct Answer - 5120

2 Answers 1 views
A manufacture reckons that the value of a machine which costs him Rs. 156250, will depreciate each year by 20%. Find the estimated value at the end of

Correct Answer - Rs. 51200

2 Answers 1 views
A piece of ice falls from a height h so that it melts completely. Only one — quarter of the heat produced is absorbed by the ice and all energy

(A) 136 km When the piece of ice falls from the height h, it possesses potential energy, mgh. This P.E. is converted to heat energy. ∴ Q = mgh But only \(\frac{1^{th}}{4}\) of it is absorbed...

2 Answers 1 views
Three cubes each of volume 64 cm^3 are joined end to end to form a cuboid. Find the total surface area of the cuboid so formed?

Let l be the side of the cube and L, B, H be the dimensions of the cuboid Since l3 = 64 cm3 ∴ l = 4 cm Total surface area of cuboid is...

2 Answers 1 views
After spending 75% in his total money Ravi was left with Rs 600/. Then how much money he had originally ? 

Correct option is  C) ₹ 2400

2 Answers 1 views
After spending 75% in his total money Ravi was left with Rs 600/. Then how much money he had originally ?  2 Answers 1 views
(1.) If \( T={ }_{B}^{A}\left(\begin{array}{cc}0.25 & 0.75 \\ 0.3 & \alpha\end{array}\right) \) is a transition probability matrix, then the value of \( \alpha \) is a) \( 0.5 \) b) \( 0.7 \) c) 0 /d) \( 0.6 \) 2. Rank of matrix \( \left(\begin{array}{cccc}1 & -1 & 2 & 0 \\ 0 & 2 & 0 & 3\end{array}\right) \) is a) 1 b) 0 c) 2 d) \( -1 \)

Is there any answer

2 Answers 2 views
(1.) If \( T={ }_{B}^{A}\left(\begin{array}{cc}0.25 & 0.75 \\ 0.3 & \alpha\end{array}\right) \) is a transition probability matrix, then the value of \( \alpha \) is a) \( 0.5 \) b) \( 0.7 \) c) 0 /d) \( 0.6 \) 2. Rank of matrix \( \left(\begin{array}{cccc}1 & -1 & 2 & 0 \\ 0 & 2 & 0 & 3\end{array}\right) \) is a) 1 b) 0 c) 2 d) \( -1 \) 2 Answers 1 views
Raju invested a sum of Rs. 5832 at a rate of interest n% per annum, compounded annually. Find the value of n, if he received a sum of Rs. 13824 after

Correct Answer - A Use the formula

2 Answers 4 views
A limited company forfeited 400 shares of Mr. X, who had applied for 600 shares on account of non-payment of allotment money Rs. 3 + Rs. 2.50 (premium

Capital Reserve Rs. 1,000.

2 Answers 2 views
X