List of top Mathematics Questions on Applications of Compound Interest Formula

A person invested Rs.15,000 in a mutual fund; it became Rs.25,000. If CAGR is 8.88%, then the number of years \( n \) is: [Use \( -\log 1.667 = 0.2219 \); \( \log 1.089 = 0.0370 \)]

A TV set costing Rs.55,000 has a useful life of 8 years. If annual depreciation is Rs.5,000, then the scrap value by straight line method is:

For any square matrix A, A - A\(^T\) is always: