A bike costs ₹85,000 and has a useful life of 15 years. If the scrap value of the bike after 15 years is ₹10,000, then the book value of the bike at the end of the tenth year is

An automobile dealer wishes to buy four luxury cars of different brands given in the table below with some down payment and balance in equal monthly installments (EMI) for 10 years. The bank charges 9% interest per annum compounded monthly.

$\left( {Given } \frac{0.0075 \times(1.0075)^{120}}{(1.0075)^{120}-1} = 0.01266\right)$

Match List-I with List-II

Choose the correct answer from the options given below:

A man wishes to ensure that he gets Rs. 75,000/- at the end of each year indefinitely. The amount that he invest now to produce the desired cash flow, if money is worth 2.5% compounded annually is:

A Multinational company creates a sinking fund by setting a sum of ₹ $12,000$ annually for $10$ years to pay off a bond issue of ₹ $72,000$. If the fund accumulates at $5 \%$ per annum compound interest, then the surplus after paying for bond is :

(Use $\left.(1.05)^{10} \approx 1.6\right)$

A person invested ₹ 10000 in a stock of a company for 6 years. The value of his investment at the end of each year is given in the following table:

The compound annual growth rate (CAGR) of his investment is:

[Given $(1.4)^{1/6} = 1.058$]

Renu takes a loan of ₹12,00,000 with 12% annual interest for 10 years on flat rate basis..

Match the LIST-I with LIST-II

Choose the correct answer from the options given below:

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: