take x=2

x is the last digit of your student roll number - which will be used in all questions. Incorrect use of x will lead to a zero in that question with no error carried forward. 1. A student has been given the option to receive one of the two financial rewards. Which option will the student pick assuming her discount rate is (6 + x)% (15) a. An annuity of Rs. 2, x00 per annum, starting immediately for a total of 30 payments. b. A perpetuity of Rs. 1, x00 per annum, starting at the end of year 15