What sum of money is needed to invest now, so as to get Rs. 5000 at the beginning of every month forever, if the money is worth 6 % per annum…
CUET UG 2025 — Mathematics Statistics & Applications
What sum of money is needed to invest now, so as to get Rs. 5000 at the beginning of every month forever, if the money is worth 6 % per annum compounded monthly?
Held on 19 May 2025 · Verified 13 Jul 2026.
Options
- A
Rs 10,05,000
- B
Rs 15,00,000
- C
Rs 10,50,000
- D
Rs 12,50,000
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