The price at which the bond is sold to the investors at the time of issue is known as:

Which of the following are correct about equated monthly installments (EMI)?

(A) The EMI depends on principal borrowed, rate of interest and tenure of the loan.

(B) It is a fixed amount made by borrower to the lender every month.

(C) The interest remains constant for every EMI in reducing balance method.

(D) As we pay off our loan, the outstanding principal amount decreases with every EMI in reducing balance method.

Choose the correct answer from the options given below:

A machine costing ₹ 2,00,000 has a useful life of 6 years. The estimated scrap value is ₹ 20,000. Using straight line method, the annual depreciation is

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:

A father has setup a sinking fund in order to have ₹ 2,40,000 after 10 years for his daughter's marriage. How much amount should he set aside bi-annually into an account paying 5% per annum compounded half-yearly?

[given : $(1.025)^{20}\approx 1.6$]

The number of years required for a sum of money to get tripple at the effective rate of 4% is : (Given $(1.04)^{28} = 3)$

A person invested ₹5,00,000 in a fund. At the end of the year, the value of the fund is ₹6,50,000. The nominal rate of return, if the market price is the same at the end of the year is: