The present value of a perpetuity of ₹ 900 payable at the end of each year, if money is worth 6 % per annum, is:
The present value of a perpetuity of ₹ 900 payable at the end of each year, if money is worth 6 % per annum, is:
Solution
✅ Correct Option: 1
For a perpetuity the present value is .
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