CUET · MATHS · PYQ PAPER 2025
If the money is worth \(8 \%\) per annum compounded semi-annually, then the present value of a sequence of payments of ₹ 1,000 made at the end of every 6 months and continuing forever, is:
- A ₹ 20000
- B ₹ 25000
- C ₹ 15000
- D ₹ 18000
Answer & Solution
Correct Answer
(B) ₹ 25000
Step-by-step Solution
Detailed explanation
\( i = \frac{0.08}{2} = 0.04 \) \( PV = \frac{1000}{0.04} =\) ₹ \(25000 \)
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