The present value of a sequence of payments of ₹3000 made at the end of every 6 months and continuing forever, if money is worth 9% per annum compounded semi-annually, is

A charity organization has a fund of Rs.2,00000 to provide annual grants to students. The grant amount each year is Rs.15,000. The fund earns an interest rate of r% per annum. If the interest earned is used entirely to provide the grants, then the annual interest rate r is:

If an asset costs Rs. 50,000 with an estimated useful life of 6 years and a scrap value of Rs. 5000. Then by using a linear depreciation method, the annual depreciation of the asset will be:

Match List-I with List-II:

A mobile phone costing ₹50000 has a useful life of 5 years. If the annual depreciation is ₹5000, then by using a linear method, its scrap value is

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 $(1.005)^{300} = 4.4650]$

Mr. X purchased a house from a company for ₹ 7,00,000 and made a down payment of ₹ 1,50,000. He repays the balance in 25 years by equal monthly installments at 9 % per annum compounded monthly. The equated monthly installment (EMI) is:

[Given that : (1.0075)⁻³⁰⁰ = 0.106]