Question:
The present value of a perpetual income of x paybale at the end of each 6 months is ₹ 1,80,000. If the money is worth 5% compounded semi-annually, then the value of x is ₹:
The present value of a perpetual income of x paybale at the end of each 6 months is ₹ 1,80,000. If the money is worth 5% compounded semi-annually, then the value of x is ₹:
Updated On: May 21, 2024
- 4500
- 7500
- 9000
- 4250
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The Correct Option is A
Solution and Explanation
The correct option is (A):4500
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