CUET · MATHS · PYQ PAPER 2025
A man wishes to ensure that he gets Rs. 75,000/- at the end of each year indefinitely. The amount that he invest now to produce the desired cash flow, if money is worth 2.5% compounded annually is:
- A Rs. 30,66,337
- B Rs. 30,00,000
- C Rs. 30,45,339
- D Rs. 30,66,373
Answer & Solution
Correct Answer
(B) Rs. 30,00,000
Step-by-step Solution
Detailed explanation
\( PV = \frac{A}{r} \) \( PV = \frac{75000}{0.025} \) \( PV = 3000000 \) Rs. 30,00,000
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