Basics of Finan...

The price of a new car is Rs. $$2500$$. The price depreciates by $$12\%$$ each year (p.a). Find its value at the end of $$3$$ years.

The population of an invasive species of moth doubles every $$5$$ years. If the initial population is $$300$$, what will be the population after $$15$$ years?

What is true about deferred annuity ?

If a $ $$12,000$$ car loses $$10$$% of its value every year, what is the worth after $$3$$ years?

What is the compound interest earned at the end of $$3$$ years?
I. Simple interest earned on that amount at the same rate and for the same period is $$\text{Rs. } 4500$$.
II. The rate of interest is $$10\%$$ per annum
III. Compound interest for $$3$$ years is more than the simple interest for that period by $$\text{Rs. } 465$$.

An amount of $$Rs. x$$ at compound interest at $$20$$% per annum for $$3$$ years becomes y. What is $$y : x$$?

Which of the following is  true about annuity?

Which of the following comes under Annuity due?

The price of commodity $$X$$ increases by $$40$$ paise every year, while the price of commodity $$Y$$ increases by $$15$$ paise every year. If in $$2001$$, the price of commodity $$X$$ was Rs. $$4.20$$ and that of $$Y$$ was Rs. $$6.30$$, in which year commodity $$X$$ will cost $$40$$ paise more than the commodity $$Y$$?

Three types of annuities are