Example 63. Find the present value of a sequence of payment of Rs 125 made at the end of each quarter and continuing for ever, if effective rate of interest is 8%. Scanner

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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Example 63. Find the present value of a sequence of payment of Rs 125 made at
the end of each quarter and continuing for ever, if effective rate of interest is S%.
cs Scanned with CamScanner
Transcribed Image Text:Example 63. Find the present value of a sequence of payment of Rs 125 made at the end of each quarter and continuing for ever, if effective rate of interest is S%. cs Scanned with CamScanner
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