A person has set up a sinking fund in order to have ₹ 20,000 in 10 years for his children's education. The amount to set aside each quarter into an account paying 6% per annum compounded quarterly is: [use $(1.015)^{40} = 1.8140$]

Mr. 'X' wishes to purchase a house for ₹ 49,65,000 with a down payment of ₹ 15,00,000 and balance amount in EMI for 25 years. If bank charges 6% per annum compounded monthly. Then the EMI is: [Given that $(1.005)^{300} = 4.4650]$

A person invested ₹ 20000 in a mutual fund in year 2018. The value of the mutual fund increased to ₹ 32000 in year 2023. The compound annual growth rate of his investment is:

[Given that $(1.6)^{1/5} = 1.098]$

A person invested ₹2,00,000 in a mutual fund in year 2012. The value of the mutual fund increased to ₹3,00,000 in year 2017. The percentage of compound annual growth rate on the investment is:

(Given: $(1.5)^{1/5} = 1.084$)

Which of the following is not correct about the Compound Annual Growth Rate (CAGR)?

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

A company has issued a bond having face value of ₹ 70,000, carrying an annual dividend rate of 8% and maturing in 15 years. If the bond is redeemed at par, then which of the following statements are true?

A. The annual dividend is ₹ 5,600.

B. The annual dividend is ₹ 6,300.

C. Redemption price is ₹ 73,000.

D. Redemption price is ₹ 70,000.

Choose the correct answer from the options given below: