The present value of a sequence of payment of ₹ 1500 made at the end of every 6 months and continuing forever, if money is worth 4% per annum compound semi-annually is

A car whose cost is ₹9,00,000 will depreciate to a scrap value of ₹1,20,000 in 12 years. Which of the following statements are correct ?

(A) The annual depreciation is ₹65,000

(B) The book value of the car at the end of the fourth year is ₹6,40,000

(C) The book value of the car at the end of the sixth year is ₹5,00,000

(D) The book value of the car at the end of the fifth year is ₹5,75,000

Choose the correct answer from the options given below:

Which of the following is correct about the sinking fund?

At what rate of interest will the present value of a perpetuity of ₹10000 payable at the end of every six months be ₹200,000?

Geetansh invested ₹27,000 and it grows to ₹81,000 in 2 years. The CAGR % will be:

Mr. 'X' wishes to purchase a house for ₹ 49,65,000 with a down payment of ₹ 15,00,000 and balance amount in EMI for 25 years. If bank charges 6% per annum compounded monthly. Then the EMI is: [Given that $(1.005)^{300} = 4.4650]$

The term of the perpetuity is