Monika saves Rs 25 per month out of her pocket money and invests it in a bank recurring deposit scheme for 2 years giving 7.5% p.a. (compounded quarterly). What amount will she get on maturity ? Using maturity value table, find the maturity value of a recurring deposit of Rs 260 per month for 3 ¼ years at 10% per annum.
Answers
Answered by
1
Hope this answer will help you
Attachments:
Similar questions