2024 Slot 1Statistics & Applications > Medium₹ 79.9879.9879.98₹ 15.9615.9615.96₹ 16.0416.0416.04₹ 80.0280.0280.02✅ Correct Option: 2Related questions:For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?A flower vase costs ₹ 36,00036,00036,000. With an annual depreciation of ₹ 2,0002,0002,000, its cost will be ₹ 6,0006,0006,000 in _____ years.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=