Mr. Anuj deposits ₹500 per month for 18 months in a recurring deposit account at a certain rate. If he earns ₹570 as interest at the time of maturity, then his matured amount is:

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MCQ (Single)Calculation of Maturity Value of Recurring Deposit

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Mrs. Rao deposited ₹250 per month in a recurring deposit account for a period of 3 years. She received ₹10,110 at the time of maturity. Find:

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Naveen deposits ₹ 800 every month in a recurring deposit account for 6 months. If he receives ₹ 4884 at the time of maturity, then the interest he earns is:

MCQ (Single)

Calculation of Maturity Value of Recurring Deposit