ExamBro
ExamBro
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:

  1. A ₹ 20000
  2. B ₹ 25000
  3. C ₹ 15000
  4. D ₹ 18000
Verified Solution

Answer & Solution

Correct Answer

(B) ₹ 25000

Step-by-step Solution

Detailed explanation

\( i = \frac{0.08}{2} = 0.04 \) \( PV = \frac{1000}{0.04} =\) ₹ \(25000 \)
Same subject
Explore more questions on app