List of top Mathematics Questions on Financial Mathematics asked in CUET (UG)

A person invested Rupees 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:
\begin{tabular}{|c|c|c|c|c|c|} \hline 2018 & 2019 & 2020 & 2021 & 2022 & 2023
\hline Rupees 11000 & Rupees 11500 & Rupees 13000 & Rupees 11800 & Rupees 12200 & Rupees 14000
\hline \end{tabular}
The compound annual growth rate (CAGR) of his investment is:
Given \((1.4)^{1/6} \approx 1.058\)

A person wishes to purchase a house for Rupess 39,65,000 with a down payment of Rupees 5,00,000 and balance in equal monthly installments (EMI) for 25 years. If bank charges 6% per annum compounded monthly, then EMI on reducing balance payment method is:
[Given \((1.005)^{300} = 4.465\)]

A person wishes to purchase a house for Rupess 39,65,000 with a down payment of Rupees 5,00,000 and balance in equal monthly installments (EMI) for 25 years. If bank charges 6% per annum compounded monthly, then EMI on reducing balance payment method is:
[Given \((1.005)^{300} = 4.465\)]

An annuity in which the periodic payment begin on a fixed date and continue forever is called

Which of the following are correct about the Sinking Fund?
(A) It is a fixed term account.
(B) It is a set-up for a particular upcoming expense.
(C) A fixed amount at regular intervals is deposited in the Sinking Fund.
(D) It can be used in any emergency.
Choose the correct answer from the options given below:

An annuity in which the periodic payment begin on a fixed date and continue forever is called

Which of the following are correct about the Sinking Fund?
(A) It is a fixed term account.
(B) It is a set-up for a particular upcoming expense.
(C) A fixed amount at regular intervals is deposited in the Sinking Fund.
(D) It can be used in any emergency.
Choose the correct answer from the options given below:

A person invested Rupees 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:
\begin{tabular}{|c|c|c|c|c|c|} \hline 2018 & 2019 & 2020 & 2021 & 2022 & 2023
\hline Rupees 11000 & Rupees 11500 & Rupees 13000 & Rupees 11800 & Rupees 12200 & Rupees 14000
\hline \end{tabular}
The compound annual growth rate (CAGR) of his investment is:
Given \((1.4)^{1/6} \approx 1.058\)

A delay in production for some days in a factory due to an electric fault is:

Ms. Sheela creates a fund of 100,000 to provide scholarships to needy children. The scholarship is provided at the beginning of each year, and the fund earns an interest of r% annually. If the scholarship amount is 8,000, find r.

Match the following financial terms with their most suitable meaning/synonym:

Choose the correct answer from the options given below :

For which of the following purposes is CAGR (Compounded Annual Growth Rate) not used?