A trust invites a deposit of lumpsum amount from individual so that annual scholarship of Rs.5000 is paid. Rate of interest is 5% per annum. If the scholarship is to start at the end of this year then the amount needed to deposit to Trust is:

Ram takes a loan of ₹5,00,000 from a bank at an interest rate of 6% per annum for 10 years. He wants to pay back the loan in equated monthly installments, then his EMI by using flat rate method is :

The effective rate of return equivalent to a nominal rate of 12% per annum compounded quarterly is: [Given that: $(1.03)^4 ≈ 1.1255$]

If CAGR stands for Compound Annual Growth Rate, F.V stands for final value of an investment, P.V stands for present value of an investment and n is the number of years then

Mrs. Soma takes a loan of ₹ 5,00,000 with 10% annual interest rate for 5 years. What will be her EMI under flat rate system?

Which of the following are correct about the Sinking Fund?

(A) It is a fixed term account.

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

(C) A fixed amount at regular intervals is deposited in the Sinking Fund.

(D) It can be used in any emergency.

Choose the correct answer from the options given below:

The value of a depreciable asset at the end of its useful life is called ____.