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What amount is received at the end of every 6 months forever, if ₹72,000 kept in a bank earns 8% per annum compounded half-yearly?

Solution

✅ Correct Option: 3

A perpetuity pays out exactly the interest earned each period, leaving the principal intact.

The half-yearly rate is 8%2=4%\frac{8\%}{2}=4\%, so each payment is 72000×0.04=₹288072000\times0.04=₹2880.

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