The value of an item costing ₹ x depreciates in such a way that after 6 years the value is just a quarter of original value. The annual depreciation is:

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?

Mr. X invested Rs. 4,00,000 in shares for 5 years. The value of this investment was Rs. 4,50,000 at the end of the second year, Rs. 490000 at the end of the third year and on maturity, the final value stood at Rs. 6,00,000. The compound annual growth rate of this investment is:

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

A car costing ₹ 5,00,000 has a useful life of 15 years. The estimated scrap value is ₹ 50,000. The annual depreciation using the straight line method is

The present value of a sequence of payment of ₹ 1500 made at the end of every 6 months and continuing forever, if money is worth 4% per annum compound semi-annually is

Which of the following is correct about the Sinking Fund?

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