Mr. Bean wishes to purchase a house for ₹90,00,000 with a down payment of ₹10,00,000 and balance in EMI for 25 years on reducing balance payment basis. If bank charges 6% per annum compounded monthly, then his EMI is;

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

A company has issued a bond having face value of ₹ 100,000, carrying an annual dividends at 8% and maturing in 12 years. If the prevailing market rate of interest is 9%, then annual dividend is

Anisha invested Rs.20000 in a mutual fund in the year 2016, which increased to Rs.36000 in the year 2024. The percentage compounded annual growth rate(CAGR) of her investment is:

(Given: $(1.8)^{1/8} = 1.076$)

An asset costing ₹ 1,50,000 is expected to have useful life of 5 years and scrap value of ₹ 30,000. Using linear depreciation method which of the following are TRUE?

A. Annual depreciation is ₹ 24,000

B. Depreciation rate is 20% per annum

C. Depreciation rate is 24% per annum

D. Annual depreciation is ₹ 22,000

Choose the correct answer from the options given below:

If $r_{eff}$ = effective rate of interest, $r$ = nominal rate of interest and $m$ = number of conversion periods per year, the relationship between nominal rate and effective rate of interest is:

The average cost function for a commodity is given by $AC = 0.05x^2 - 5x + 1000 + \frac{3000}{x}$ in terms of output x. The fixed cost is

Which of the following are correct about equated monthly installments (EMI)?

(A) The EMI depends on principal borrowed, rate of interest and tenure of the loan.

(B) It is a fixed amount made by borrower to the lender every month.

(C) The interest remains constant for every EMI in reducing balance method.

(D) As we pay off our loan, the outstanding principal amount decreases with every EMI in reducing balance method.

Choose the correct answer from the options given below: