A person has an initial investment of ₹50,000 in an investment plan. After 2 years, it has grown to ₹60,000, then his rate of return is:

If $r_{eff}$ = effective rate of interest, $r$ = nominal rate of interest and $m$ = number of conversion periods per year, the relationship between nominal rate and effective rate of interest is:

If the cash equivalent of a perpetuity of ₹ 1200 payable at the end of each quarter is ₹ 96,000, then the rate of interest convertible quarterly is:

Rs. 2,50,000 cash is equivalent to a perpetuity of Rs.7500 payable at the end of each quarter. Then the rate of interest is

A vehicle costing ₹9,00,000 has a scrap value of ₹3,60,000. If the annual depreciation charge is ₹60,000, then the useful life of the vehicle using linear depreciation method is:

Which of the following statements about the Sinking Fund are correct?

(A) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future capital expense.

(B) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future repayment of a long-term debt.

(C) It is set up for any purpose that it may serve.

(D) It is a fund that is accumulated for the purpose of paying off a financial obligation at some future designated date.

Choose the correct answer from the options given below:

If the money is worth 8% per annum compounded semi-annually, then the present value of a sequence of payments of ₹1,000 made at the end of every 6 months and continuing forever, is: