The value of the present value of a sequence of payments of ₹ 80 made at the end of each 6 months and continuity for ever, if money is worth 4%…

CA Foundation · Quantitative Aptitude · MTP · September 2024
The value of the present value of a sequence of payments of ₹ 80 made at the end of each 6 months and continuity for ever, if money is worth 4% compounded semi-annually is....
(A) A. ₹4,000
(B) B. ₹5,000
(C) C. ₹3,000
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹4,000

Topics: Part-A: Business Mathematics

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