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:

A measure of an average yearly growth of an investment over a certain time period when returns are reinvested is

Choose the correct statement about CAGR(compound annual growth rate)?

If $C$ is the original value of the asset, $S$ is the scrap value, n is the useful life of the asset and $D$ is the annual depreciation, then

A man wishes to ensure that he gets Rs. 75,000/- at the end of each year indefinitely. The amount that he invest now to produce the desired cash flow, if money is worth 2.5% compounded annually is:

In 2001, a vehicle was purchased for ₹ 2 Lakh. In 2011, the scrap value of the vehicle became ₹ 50,000. What was the annual depreciation?

Ram takes a personal loan of ₹ 10,00,000 at the rate of 12% per annum for 5 years. By using a flat rate method, EMI is