A man wants to have a perpetuity of Rs 2,10,000 as its present value. How much will be the value of sequence of payments each quarter if the money is 12% converted quarterly?
1
10,500
2
8,400
3
25,200
4
6,300
A man wants to have a perpetuity of Rs 2,10,000 as its present value. How much will be the value of sequence of payments each quarter if the money is 12% converted quarterly?