The amount of money needed to ensure for a prize of ₹ 5000 at the begining of each year indefinitely if money is worth 5% compounded annually is:

The rise in prices before Diwali is an example of

Mr. X purchased a house from a company for ₹ 7,00,000 and made a down payment of ₹ 1,50,000. He repays the balance in 25 years by equal monthly installments at 9 % per annum compounded monthly. The equated monthly installment (EMI) is: [Given that : (1.0075)⁻³⁰⁰ = 0.106]

Consider the following hypothesis $H_0: \mu = 315$ and $H_a: \mu \neq 315$ A sample of 60 provided a sample mean of 324.6. The standard deviation ($\sigma$) is 14 and level of significance $\alpha = 0.05$. Then the confidence interval is: [Given: $Z_{a/2}{\frac{14}{\sqrt60}} = 3.54$]

With reference to sampling, which of the following are correct? (A) Simple random sampling is probability sampling (B) Snow-ball sampling is non-probability sampling (C) Stratified sampling is probability sampling (D) Cluster sampling is non-probability sampling Choose the correct answer from the options given below:

The effective rate equivalent to a nominal rate of 12% compounded quarterly is: (Given $(1.03)^4=1.1256$)