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Applied Mathematics · 2024 · 2 marks

CBSE 2024 · Central · Set 4 · Q24

At 6% p.a., compounded quarterly, find the present value of a perpetuity of ₹ 600 payable at the end of each quarter.

At $\displaystyle 6$% p.a., compounded quarterly, find the present value of a perpetuity of ₹ $\displaystyle 600$ payable at the end of each quarter.

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