The sale of 4-wheelers for Pongal is now open. Customers are eager to know the EMI details. Companies reselling the 4-wheelers will get more profit during the season if they provide them with EMIs. Now help the consultant calculate the EMI for a month with the principal amount, rate, and time period.Input format :The first input is the principal amount of the vehicle.The second input is the rate to be calculated.The third input is the time period to calculate the EMI.Output format :The output displays the EMI details for a month.Sample test cases :Input 1 :25000052Output 1 :EMI: 10967.847433517149Input 2 :450000101Output 2 :EMI: 39562.14925350446Note :The program will be evaluated only after the “Submit Code” is clicked.Extra spaces and new line characters in the program output will result in the failure of the test case.

Q31. Which formula is used to find EMI ( Every Month Installment ) ? =pmt() =ipmt() =ppmt() none of the above

Which of the following formula can be used to calculate the interest amount in EMI*PMTIPMTPPMTInterest

Where the variables have the following meaning:𝐴 = Amount accumulated 𝑃 = Principal𝑟 = interested rate 𝑛 = compounding per period 𝑡 = number of periods Find the value of the function when 𝑃=350, 𝑟=7.5%, 𝑛=12, and 𝑡=8.(Round your answer to the nearest whole number.)

A company sells a product for Rs 10 per unit, and incurs Rs 4 per unit for variable costs in its manufacture. The fixed costs are Rs 900 per month and are absorbed on the basis of the normal production volume of 250 units per month. The activity levels for the last four months, when no expenditure variances arose, were as follows: Fundamentals of Cost and Management Accounting (Study Text) 170 | P a g e 1st month units 2nd month units 3rd month units 4th month units Total units Opening stock – 200 300 300 – Production 300 250 200 200 950 ___ ___ ___ ___ ___ 300 450 500 500 950 Closing stock 200 300 300 200 200 ___ ___ ___ ___ ___ Sales 100 150 200 300 750 ___ ___ ___ ___ ___ make The profit statement using absorption costing .

Calculate the principal if an amount of Rs. 441 is received on compound interest at the rate of 5%per annum after 2 years