Mr. Bean purchased a laptop for ₹75,000. The Laptop is estimated to have a scrap value of ₹10,000 after a span of 8 years. The book value of the laptop at the end of 5 years is

What sum of money is needed to invest now, so as to get Rs. 5000 at the beginning of every month forever, if the money is worth 6 % per annum compounded monthly?

Mr. Devendra invested ₹ 8,000 in 7% hundred rupee share at ₹ 80. After a year he sold these share at ₹ 75 each and invested in 18% twenty five-rupee shares at ₹ 41 each. Then his annual income from the second investement is:-

Maneesh took a loan of ₹ 9,00,800 from bank at an interest rate of 6% per annum for 10 years. If she has to pay the loan back with the help of equal monthly installments (EMI). Then, the EMI using reduced balance method is (approx):

[Given: $(1.005)^{-120}=0.5496$]

Vishal invested ₹20,000 in Tata stocks for 6 years. The value of the investment at the end of each year is given below:

The CAGR % of his investment is: [use $(1.4)^{1/6}=1.058$]

Which of the following are correct about equated monthly installments (EMI)?

(A) The EMI depends on principal borrowed, rate of interest and tenure of the loan.

(B) It is a fixed amount made by borrower to the lender every month.

(C) The interest remains constant for every EMI in reducing balance method.

(D) As we pay off our loan, the outstanding principal amount decreases with every EMI in reducing balance method.

Choose the correct answer from the options given below:

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: