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Applied Mathematics · 2022 · 2 marks
CBSE 2022 · Central · Set 4 · Q2
Find the present value of a perpetuity of ₹ 18,000 payable at the end of 6 months, if the money is worth 8% p.a. compounded semi-annually.
Find the present value of a perpetuity of ₹ $\displaystyle 18,000$ payable at the end of $\displaystyle 6$ months, if the money is worth $\displaystyle 8$% p.a. compounded semi-annually.
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CBSE Class 12 Applied Mathematics past-paper question from the 2022 board exam. Where our answers come from.