CUET Mathematics - 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] | PYQs + Solutions

CUET Mathematics 2025 27 May Shift 1

Statistics & Applications

Medium

applied

Rs. 29148.14

Rs. 39148.14

Rs. 35148.14

Rs. 36148.14

✅ Correct Option: 2

Related questions:

26 May Shift 2

Anisha invested Rs.20000 in a mutual fund in the year 2016, which increased to Rs.36000 in the year 2024. The percentage compounded annual growth rate(CAGR) of her investment is:

(Given: $(1.8)^{1/8} = 1.076$ )

27 May Shift 1

If an asset costs Rs. 50,000 with an estimated useful life of 6 years and a scrap value of Rs. 5000. Then by using a linear depreciation method, the annual depreciation of the asset will be:

30 May Shift 2

At what rate of interest will the present value of a perpetuity of ₹ 600 payable at the end of every 3 months be ₹ 18,000?

CUET Mathematics 2025 27 May Shift 1 PYQs

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