A person takes a car loan of Rs 9,00,000 at the rate of 12% per annum for 5 years from a bank. The EMI under flat rate system is:

As a factory owner, you have decided to purchase a heavy machinery after 10 years. It's expected price will be Rs. 1,00,00,000. For this you set aside a certain amount at the end of every year. Which of the following financial tool fits best for this purpose ?

The effective rate $r_e$ corresponding to the nominal rate r compounded continuously is

Let us consider an annuity whose periodic payment is Rs. R payable at the end of each payment period for 'n' periods, interest paid r% per period or $i = \frac{r}{100}$, so the amount of obligation can be given as _______.

Mr. B.M. Wadhwa purchased a car costing ₹20 lakh. It has a useful life of 15 years. The depreciation follows the straight line trend. If the annual depreciation is ₹1,20,000, what is the scrap value of the car ?

Ms Rajni takes a loan of ₹25,00,000 at an interest of 10% per annum for a period of 20 years. Her EMI using a flat rate method is:

An asset costing Rs 2,00,000 has a useful life of 10 years and scrap value of Rs 40,000. Its book value at the end of year 6 by Straight Line Method, is :