2024 Slot 1Statistics & Applications > Conceptual101010151515171717666✅ Correct Option: 2Related questions:For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?Ms. Sheela creates a fund of ₹ 1,00,0001,00,0001,00,000 for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This fund earns an interest of r%r \%r% per annum. If the scholarship amount is taken as ₹ 8,0008,0008,000, then r=r=r=Match List-I with List-II: List-IProperty TypeList-IIEMI amount (in ₹)(A) P(I) 25,600(B) Q(II) 38,400(C) R(III) 32,000(D) S(IV) 35,200