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Let us consider an annuity whose periodic payment is Rs. R payable at the end of each payment period for 'n' periods, interest paid r% per period or…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqeasy

Let us consider an annuity whose periodic payment is Rs. R payable at the end of each payment period for 'n' periods, interest paid r% per period or i=r100i = \frac{r}{100}i=100r​, so the amount of obligation can be given as _______.

Official previous-year question

Held on 23 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    A=R[(1+i)n−1i]A = R\left[\frac{(1+i)^n - 1}{i}\right]A=R[i(1+i)n−1​]

  2. B

    A=R[(1−i)n−1i]A = R\left[\frac{(1-i)^n - 1}{i}\right]A=R[i(1−i)n−1​]

  3. C

    A=R[(1+i)ni−1]A = R\left[\frac{(1+i)^n}{i} - 1\right]A=R[i(1+i)n​−1]

  4. D

    A=R[in−1−1]A = R\left[i^{n-1} - 1\right]A=R[in−1−1]

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