Mathematics · Financial Mathematics
Which of the following statements is true? A. EMI in flat rate method, EMI = Principal + InterestNumber of Payments B. EMI in reducing balance method, EMI = P × i1 - (1 + i)-n where P = Principal, i = interest rate per period, n = no. of payments C. In a sinking fund, a fixed amount at regular intervals is deposited. D. Approximate Yield to Maturity = Coupon Payment + Face Value - Present ValueNumber of YearsFace Value + Present Value2 Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C and D only
- 2A and C only✓
- 3B and C only
- 4A and B only
Correct answer
A and C only
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