What will be the interest rate compounded annually so that the present value of a perpetuity of Rs 12,000 payable at the end of every 6 months be Rs 3,00,000?
1
10%
2
6%
3
8%
4
12%
What will be the interest rate compounded annually so that the present value of a perpetuity of Rs 12,000 payable at the end of every 6 months be Rs 3,00,000?