Shyamaji takes a loan of ₹20,00,000 with 10% annual interest rate for 10 years. What will be her EMI under flat rate system?

An annuity in which the periodic payment begin on a fixed date and continue forever is called

Chintan has borrowed ₹ 5,00,000 from a bank to purchase a car and decided to repay the loan in equal monthly installments in 10 years. If bank charges interest at 6% per annum compounded monthly, the EMI on reducing balance method will be : (Given $(1.005)^{120} = 1.82$)

At what rate of interest will the present value of a perpetuity of ₹ 600 payable at the end of every 3 months be ₹ 18,000?

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:

A money lender charges Rs10 for Rs100 per month in advance then effective rate of interest per annum charged by money lender is: [given $\left(\frac{10}{9}\right)^{12} \approx 3.541$]

The annual depreciation of a car is ₹ 40,000. If the scrap value of the car after 15 years is ₹ 50,000, then the original cost of the car using linear method is