The effective rate that is equivalent to a nominal rate of 12% compounded quarterly is :

A person invested ₹y in a mutual fund and the value of the investment at the time of redemption was ₹x. If he invested the amount for 3 years and the compound annual growth rate of his investment is 10 %, then the value of $\frac{y}{x}$ is:

The EMI (in Rs.) under the flat rate on a loan of Rs. 6,00,000 with 20% annual interest for 5 years is :

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 ?

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 ?

A company intends to create a sinking fund to replace at the end of 20$^{th}$ year assets costing Rs. 2,50,000. Then the value of the amount to be retained out of profits every year if the interest rate is 5% is : [Given $(1.05)^{20} = 2.6532$]

The effective rate equivalent to a nominal rate of 8% per annum compounded semi annually is :