CUET Mathematics 2026 22nd May Shift 2 PYQs

What amount is received at the end of every 6 months forever, if ₹72,000 kept in a bank earns 8% per annum compounded half-yearly?

At what rate will the present value of a perpetuity of Rs.1000 payable at the end of each quarter be Rs.50000?

Which of the following statements are correct?

(A) A fund which is created to accumulate money over the years to discharge a future obligation is called a sinking fund.

(B) The amount or future value of perpetuity is well-defined.

(C) The sinking fund be used in any emergency.

(D) An equated monthly installment is a fixed payment made by a borrower to a lender at a specific date every month to clear off the loan.

Choose the correct answer from the options given below: