Which of the following pointers are the characteristics of sinking fund?

A. It is a long term account which can be closed any time.

B. It is set up for a particular upcoming expense.

C. It can be used in any emergency.

D. It can be used only for the purpose it was created.

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Which of the following are similarities between the sinking fund and the savings account?

(A) The sinking fund and the savings account are both financial tools.

(B) Both can be used in any emergency.

(C) They both involve setting aside an amount of money for the future.

(D) Both are long-term accounts which can be closed any time.

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A measure of an average yearly growth of an investment over a certain time period when returns are reinvested is

Suresh takes a loan of ₹ 4,00,000 with 10% annual interest rate for 5 years on flat rate basis. Which of the following statements are correct ?

A. The total interest on the principal is ₹ 1,00,000.

B. The number of months in loan period is 60.

C. EMI under flat rate system is ₹ 12,000.

D. EMI under flat rate system is ₹ 10,000.

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As per the graph given below:

Match List-I with List-II

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Geetansh invested ₹27,000 and it grows to ₹81,000 in 2 years. The CAGR % will be:

Jemina invested ₹ 50,000 in a mutual fund in 2019. The value of the mutual fund increased to ₹ 80,000 in 2024. The percentage of CAGR (Compound Annual Growth Rate) of her investment is: [Use $(1.6)^{1/5} = 1.098$]