CUET Mathematics - For which one of the following purposes is CAGR (Compounded Annual Growth Rate) <b>not</b> used ? | PYQs + Solutions

CUET Mathematics

Statistics & Applications

Conceptual

applied

To calculate and communicate the average growth of a single investment.

To understand and analyse the donations received by a non-government organisation.

To demonstrate and compare the performance of investment advisors.

To compare the historical returns of stocks with a savings account.

✅ Correct Option: 2

Related questions:

13 May Shift 2

Which of the following statements about the Sinking Fund are correct?

(A) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future capital expense.

(B) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future repayment of a long-term debt.

(D) It is a fund that is accumulated for the purpose of paying off a financial obligation at some future designated date.

Choose the correct answer from the options given below:

27 May Shift 1

A person has set up a sinking fund in order to have Rs. 10,00,000 after 10 years for his child education. The amount should put bi-annually into account paying 5% per annum compounded semi-annually is: [Given $(1.025)^{20} = 1.6386$ ]

3 June Shift 1

A man plans to take a housing loan of Rs 99,53,000 from a bank costing 18% per annum compounded monthly. The loan is to be paid back in 30 years in equal monthly installments (EMI). The EMI by reducing balance method is:

[Given $(1.015)^{-360} = 0.0047$ ]

CUET Mathematics PYQs

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