Tanay deposits Rs 2000 per month in a recurring account for 5 years at the rate of 12 p.a. Find the amount Tanay will get after 5 years.
Rs 1,56,600
Rs 1,50,600
Rs 1,90,600
Rs 1,56,000
Mr. Sayuj deposits Rs 300 per month in a recurring deposit account for 2 years at a simple interest rate of 7% per annum.
Find the total interest he will earn after 2 years.
Aishwarya deposits Rs 600 per month in a recurring bank account for a period of 3 years. If she gets Rs 23931 at the time of maturity, find the rate of interest.