A machine costing ₹16,00,000 is expected to have a useful life of 15 years and a final scrap value of ₹1,00,000. Which of the following statements are correct ?

A. The annual depreciation is ₹50,000.

B. The annual depreciation is ₹1,00,000.

C. The book value at the end of the sixth year is ₹9,00,000.

D. The book value at the end of the sixth year is ₹10,00,000.

Choose the correct answer from the options given below:

Which of the following is true about the sinking fund ?

Mr. Jain takes a personal loan of rupees 10,00,000 at 12% rate of interest per annum for three years. His EMI by flat rate method is :

A vehicle costing Rs. 10,50,000 has a final scrap value of Rs. 5,25,000. If annual depreciation charge is Rs. 75,000, then useful life of the vehicle is :

An asset costing Rs. 50,000 has a useful life of 4 years. The estimated scrap value is Rs. 10,000. By using linear depreciation method, the book value at the end of the second year is :

If Mr. Ravi borrows a sum of ₹ 1,50,000 at an interest rate of 10% (flat) for a tenure of 3 years, then his EMI based on above data is (approximately) ₹ :

Let us consider an annuity whose periodic payment is Rs. R payable at the end of each payment period for 'n' periods, interest paid r% per period or $i = \frac{r}{100}$, so the amount of obligation can be given as _______.