Anush takes a loan of ₹ 150000 @ 16% annual interest for 5 years. His EMI (Equally Monthly Installment) on monthly basis under flat rate system is:

An automobile dealer wishes to buy four luxury cars of different brands given in the table below with some down payment and balance in equal monthly installments (EMI) for 10 years. The bank charges 9% interest per annum compounded monthly.

$\left( {Given } \frac{0.0075 \times(1.0075)^{120}}{(1.0075)^{120}-1} = 0.01266\right)$

Match List-I with List-II

Choose the correct answer from the options given below:

Which of the following statements are true about the sinking fund ?

A. In the sinking fund, a fixed amount at regular intervals is deposited.

B. Sinking fund can be used in an emergency.

C. In the sinking fund, any amount, anytime, can be deposited.

D. Sinking fund can be used only for the purpose it was created.

Choose the correct answer from the options given below:

Mohan wishes to purchase a house for ₹10,000,000 with a down payment of ₹20,00,00.00. If he pays the balance amount in 25 years by equal monthly instalment at 9% compounded monthly, then the total interest paid by Mohan is:

[Use $(1.0075)^{300} = 9.4084$]

Which of the following are correct?

(A) Sinking fund is a fixed term account.

(B) Sinking fund is set-up for a particular upcoming expense.

(C) In sinking fund any amount, any time can be deposited.

(D) Sinking fund can be used only for the purpose it was created.

Choose the correct answer from the options given below:

Mr. X wishes to purchase a flat for Rs. 44,65,000 with a down payment of Rs. 10,00,000 and balance in equated monthly installments (EMI) for 25 years. If the bank charges 6 % per annum compounded monthly, the EMI is:

[Given: $(1.005)^{300} =4.4650$]

Which of the following is correct about the compound annual growth rate(CAGR)?