CUET Mathematics 2026 29th May Shift 1 PYQs

Mohini purchases a house worth Rs. 50 lakhs and makes a down payment of Rs. 11.2 lakhs. She pays the remaining amount on monthly EMI using a reducing balance method. The bank charges 6% per annum compounded monthly for a tenure of 25 years. Her EMI is:

[Given: $(1.005)^{-300} \approx 0.224$]

Which of the given statements are true?

(A) Coupon rate is the annual interest rate paid by the bond issuer to the bond holder.

(B) Bonds can only be issued by government entities.

(C) A sinking fund is a fixed term account.

(D) If discount rate = coupon rate for a bond, then present value of the bond= face value of the bond

Choose the correct answer from the options given below:

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