Mathematics for FinancePYQ Jul 21Question 1551 of 422
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If a person bought a house by paying $45,000.00$ down payment and $80,000$ at the end of each year till the perpetuity. Assuming the rate of interest as $16\%$, the present value of house (in $) is given as:

Options

A$57,00,000$
B$45,00,000$
C$50,00,000$
D$5,00,000$
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Correct Answer

Option b$45,00,000$

All Options:

  • A$57,00,000$
  • B$45,00,000$
  • C$50,00,000$
  • D$5,00,000$

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