CUET Mathematics - The amount to which ₹ 5000 will accumulate at the effective rate of 4% for 4 years and 5% for 2 years is | PYQs + Solutions

CUET Mathematics 2025 29 May Shift 2

Statistics & Applications

Medium

applied

₹ 8295

₹ 10295

₹ 6448

₹ 7295

✅ Correct Option: 3

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

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Match List-I with List-II

List-I	List-II
(A) Perpetuity	(I) A person deposits a fixed amount every year in his bank account to renovate his house after 10 yrs.
(B) EMI	(II) A person depositis an amount regularly in his bank account and withdraws in case of need.
(C) Sinking Fund	(III) A fixed amount is debited from the bank account of a person, every month, against a personal loan.
(D) Saving Account	(IV) A person purchased a house and rents it out.

Choose the correct answer from the options given below:

CUET Mathematics 2025 29 May Shift 2 PYQs