Ms Rajni takes a loan of ₹25,00,000 at an interest of 10% per annum for a period of 20 years. Her EMI using a flat rate method is:

The present value of an immediate perpetuity of ₹ R payable at the end of every year at the rate of i per period per rupee is given by:

A vehicle has a scrap value of Rs 7,50,000 after 6 years of its purchase . If the annual depreciation charge is Rs 55,000, then the original cost of the vehicle is :

The effective rate that is equivalent to a nominal rate of 8 % compounded continuously is :

A car costing ₹ 8,00,000 has scrap value of ₹ 3,00,000. If the book value of car at the end of fourth year is ₹ 6,00,000, then the useful life of the car is :

The effective rate $r_e$ corresponding to the nominal rate r compounded continuously is

A person started giving aside Rs. 10,000 each year for his child college education in a sinking fund the amount he will receive after 6 years. if the rate of interest is 10% per annum is : (Use $(1.1)^6 = 1.771$)