Maturity value is equal to Total sum deposited + ___

Interest

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Principal

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rate

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Deposit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
Interest

Interest
Maturity Value = Total sum deposit + Interest

Suggest Corrections

Similar questions

Q. Maturity value = Total sum deposited + _______.

Q. Sheela has a cumulative deposit account in Bank and deposits Rs. 300 the bank is 10% p.a. If the maturity value of her deposits is Rs. 7950, find the total time for which the account is held.'

A man deposited a sum of Rs 400 every month is a recurring deposit account at an interest rate of 8 $%$ per annum. If he gets a maturity amount Rs 5008 after the end of maturity period, then the period for which he deposited the amount is ________

Jigyasa deposits a certain sum of money every month in a cumulative deposit account for 2 years. The amount payable to her on maturity at 6% per annum is Rs 22950. Calculate how much she deposited every month.

Join BYJU'S Learning Program

Maturity value is equal to Total sum deposited + ___

The correct option is A Interest Interest Maturity Value = Total sum deposit + Interest

The correct option is A
Interest

Interest
Maturity Value = Total sum deposit + Interest