CUET Mathematics - In reference to the financial mathematics, which of the following statements are correct? A. Sinking fund is an annuity created for accumulating money that can be used for paying off a financial obligation at some future pre-decided date. B. The compound annual growth rate (CAGR) is calculated by dividing the cumulative return by the number of years. C. The average annual growth rate (AAGR) is linear measure that does not account for the effects of compounding. D. Sinking fund is created to deposit surplus money which can be used for any future need. Choose the correct answer from the options given below: | PYQs + Solutions | AfterBoards