Ram takes a personal loan of ₹ 5,00,000 at the rate of 12% per annum for 3 years. His EMI using a flat rate method is

Mohini purchases a house worth Rs. 50 lakhs and makes a down payment of Rs. 11.2 lakhs. She pays the remaining amount on monthly EMI using a reducing balance method. The bank charges 6% per annum compounded monthly for a tenure of 25 years. Her EMI is:

[Given: $(1.005)^{-300} \approx 0.224$]

Choose the correct statement about CAGR(compound annual growth rate)?

Rakshita plans to buy a house for Rs.1,00,00,000 with down payment of 20% of the value of house paid by her mother, Rest of the amount she wishes to pay in 25 years by equal monthly installment at an interest of 9% per annum compounded monthly. Then the EMI paid by her is: (Given $(1.0075)^{300}$ = 9 )

A machine costing ₹ 1,00,000 has a useful life of 5 years. The estimated scrap value is ₹ 20,000. Using linear method, the annual depreciation is

An electric bike costs ₹42,000 and has a useful life of 10 years. If annual depriciation is ₹3,000, then the scrap value by using linear method of depriciation is:

The annual depreciation of an asset is independent of:-