The present value of a perpetuity of Rs 1,200 payable at the beginning of each year, if the money is worth 5% effective, is:

A vehicle has a scrap value of Rs 7,50,000 after 6 years of its purchase . If the annual depreciation charge is Rs 55,000, then the original cost of the vehicle is :

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:

The effective rate that is equivalent to a nominal rate of 16% compounded semi-annually is :

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 _______.

Which of the following is true about the sinking fund ?