Assuming, that discount rate is 7% per annum, how much would you pay to receive ₹50, growing at 5%, annually, forever.

CA Foundation · Quantitative Aptitude · MTP · June 2024
Assuming, that discount rate is 7% per annum, how much would you pay to receive ₹50, growing at 5%, annually, forever.
(A) A. 2500
(B) B. 3000
(C) C. 3500
(D) D. 4000

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 2500

Topics: Part-A: Business Mathematics

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