Amayra takes a loan of ₹5,00,000 at an interest of 10% per annum for a period of three years. The equated monthly installment (EMI) by using flat rate method, she has to pay is:

Maneesh took a loan of ₹ 9,00,800 from bank at an interest rate of 6% per annum for 10 years. If she has to pay the loan back with the help of equal monthly installments (EMI). Then, the EMI using reduced balance method is (approx):

[Given: $(1.005)^{-120}=0.5496$]

Vatsala buys a car for Rs.7,00,000 and pays upfront Rs.2,50,000 through her credit card. The balance is to be paid in 5 years by equal monthly installments at an interest of 7% per annum as reducing balance. The EMI to be paid by Vatsala will be :- [given (1.0058)⁻⁶⁰=0.7068]

Kavya takes a personal loan of ₹ 10,00,000 at the rate of 12% per annum for 5 years, then the EMI by using flat rate method is

The supply function for a commodity is $p = 3\sqrt{16+x}$. If 9 units of goods are sold, then producer's surplus is :

A machine costing ₹ 3,00,000 will have its scrap value of ₹ 50,000. The company at present plans to put ₹ 36,650 per annum at the end of each year in a sinking fund at the rate 5% per annum for the replacement of the machine after its useful life. Suppose the new machine will cost ₹ 4,00,000 at that time, then the useful life (approx.) of the machine is : [Given: $(1.4775)^{1/8} = 1.05$]

Which of the following are correct?

(A) Sinking fund is a fixed term account.

(B) Sinking fund is set-up for a particular upcoming expense.

(C) In sinking fund any amount, any time can be deposited.

(D) Sinking fund can be used only for the purpose it was created.

Choose the correct answer from the options given below: