CUET Mathematics Applied Mathematics > Financial Mathematics PYQs

linking fund

mutual fund

sinking fund

saving account

Rs. 77,100

Rs. 75,200

Rs. 66,800

Rs. 69,500

1,00,000

10,000

40,000

4,00,000

10 years

6 years

5 years

8 years

8 %

4 %

2 %

5 %

sinking fund established to set aside revenue for a future expense

sinking funds are the same as saving account

sinking funds is set up for a particular purpose

sinking funds are to be used at a particular time

Rs 28120.77

Rs 37777.77

Rs 28777.77

Rs 28888.77

Rs 12,00,000

Rs 11,60,000

Rs 10,80,000

Rs 9,30,000

5%

2.5%

3%

4.5%

$A = R\left[\frac{(1+i)^n - 1}{i}\right]$

$A = R\left[\frac{(1-i)^n - 1}{i}\right]$

$A = R\left[\frac{(1+i)^n}{i} - 1\right]$

$A = R\left[i^{n-1} - 1\right]$

Rs.23,888.88

Rs.24,000

Rs.21,500

Rs.21666.66

Rs.30,000

Rs.50,000

Rs.35,000

Rs.40,000

Rs.26,000

Rs.30,000

Rs.22,400

Rs.35,200

15.16%

16.64%

18.32%

20.24%

Rs. 35897.29

Rs. 53897.29

Rs. 53798.29

Rs. 58973.29

6.16%

8.16%

7.16%

8.26%

Rs. 1433.33

Rs. 1233.33

Rs. 1033.33

Rs. 1133.33

5 years

8 years

7 years

10 years

Rs. 30,000

Rs. 40,000

Rs. 20,000

Rs. 10,000

Rs. 7,156.09

Rs. 7,599.09

Rs. 7,561.09

Rs. 7,651.09

Rs. 25,000

Rs. 50,000

Rs. 1,00,000

Rs. 2,50,000

Rs. 5,000

Rs. 10,000

Rs. 20,000

Rs. 30,000

Rs. 66,640

Rs. 68,640

Rs. 69,640

Rs. 67,640

10.55%

12.55%

12.25%

11.55%

Rs. 10,555.50

Rs. 10,535.50

Rs. 10,333.33

Rs. 10,335.50

5 years

4 years

3 years

2 years

4500

7500

9000

4250

₹ 20,50,000

₹ 19,50,000

₹ 22,00,000

₹ 18,50,000

6 years

12 years

10 years

8 years

5410

5412

5414

5417

Rs 24,000

Rs 20,000

Rs 16,000

Rs 28,000

Rs 1,00,000

Rs 1,04,000

Rs 96,000

Rs 1,10,000

Rs 24,000

Rs 12,500

Rs 12,000

Rs 25,200