Class X

Find the maturity value of a Recurring Deposit Account in which deposits Rs.600.00 per month for 5 years . Where interest rate is 10.5% per annum.
  1. Rs, 37,770.00
  2. Rs. 38,100.49
  3. Rs. 41050.89
  4. Rs. 47375.88
Aaron opens a Recurring Deposit Account in the Bank and deposit Rs.500.00 per month for 18 month. Calculate the maturity value of this account,If the bank pays interest at rate of 10% per annum.
  1. Rs. 9740.86
  2. Rs. 10923.00
  3. Rs. 10832.69
  4. Rs. 10150.00
Sabrina deposit Rs, 350.00 every month in a Recurring Deposit Account at the rate of interest of 8%. Per annumu.And he get back amount of Rs. 14,270.05 as maturity amount .Find the deposit period .
  1. 2 years
  2. 3 years
  3. 4 years
  4. 5 years
Susan deposits monthly in Recurring Deposit Account Rs.1000.00 per month. After 3 years.what amount she gets from the bank ,If bank pays interest at rate of 12% per annum.
  1. Rs, 43424.81
  2. Rs. 42,199.64
  3. Rs, 41,849.23
  4. Rs, 41,600.00
Paul deposit some money every month in a Recurring Deposit Account for the period of 3 years at the rate of interest of 11.5 %. Per annumu.And he get back amount of Rs. 15768.27 as maturity amount .What was the monthly deposit amount.
  1. 366
  2. 371
  3. 369
  4. 377
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