Mathematics · Financial Mathematics
Which of the following statements are correct about a Sinking Fund? (A) It is a fixed-term account. (B) It is 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 freely for any regular or general emergency. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(B), (C) and (D) only
- 2(C) and (D) only
- 3(A), (B) and (C) only✓
- 4(A), (B) and (D) only
Correct answer
(A), (B) and (C) only
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