Sankar Sharma purchased a number of stocks of Tata power At the end of first year, he received a - Applied Mathematics - Financial Mathematics

Question

Sankar Sharma purchased a number of
stocks of Tata power At the end of first year, he received a
payment of Rs 10000, which grows at a rate of 5% per year and
continues forever If the discount rate is 9%, find the present
value of Sankar Sharma’s investment

Rajan Bhateja · Accepted Answer

Sankar Sharma purchased a number of stocks of Tata power. At the end of first year, he received a payment of Rs. 10000, which grows at a rate of 5% per year and continues forever. If the discount rate is 9%, find the present value of Sankar Sharma’s investment