CUET Mathematics - Which of the following statements are correct? (A) A fund which is created to accumulate money over the years to discharge a future obligation is called a sinking fund. (B) The amount or future value of perpetuity is well-defined. (C) The sinking fund be used in any emergency. (D) An equated monthly installment is a fixed payment made by a borrower to a lender at a specific date every month to clear off the loan. Choose the correct answer from the options given below: | PYQs + Solutions