Accounts
Accounts: Overview
This topic covers concepts such as Fixed Deposits, Recurring Deposit Account and Maturity Value of Recurring Deposit.
Important Questions on Accounts
Seema deposited 4000 for 1 years in a fixed deposited account in a Rural bank. if the annual rate of interest is 5% per annum and is compounded quarterly what amount will get Seema fater at end of year.

Udit deposited for years in a fixed deposited account in SBI bank.. if the rate of interest per annum is 12% compounded annually, then find the maturity amount at the end of years.

Priya deposited per month for in Union bank's recurring deposit account. If the Union bank pays interest at the rate of per annum, find the amount she gets on maturity of her deposited amount after .

Ritika opened a recurring deposit account in Punjab Bank for a period of .If the bank pays interest at the rate of and the monthly installment is , find the:
(i) Interest earned in
(ii) Matured Amount

Rahul deposited for two years in a fixed deposit account in an Union bank. If the annual rate of interest is per annum and the interest is compounded every six months then what amount Rahul will get after two years from the Union bank.

Rohan has a recurring deposit account in a Rural(Grameen) bank. He deposits per month for .If he gets at the time of maturity. Find the rate of interest he will get after .

Sohan deposited for three years in a fixed deposit account in a Rural bank. If the rate of interest per annum is and interest is compounded every year, then on maturity how much money will the Sohan will get by the bank

Rahul deposited for in a fixed deposit account in a Union Grameen(Rural) Bank. If the rate of interest per annum is , compounded annually, then find the maturity amount in Rahul's account at the end of .

Savita opened a recurring deposit account with a Nationalised Bank for a period of three years. If the bank pays interest at the rate of per annum and the monthly instalment is . Find the matured value.

Savita opened a recurring deposit account with a Nationalised Bank for a period of three years. If the bank pays interest at the rate of per annum and the monthly instalment is . Find the interest earned in three years.

Sanjeev sharma opened a saving account in a bank for six months, where he had to deposit every month. If the annual rate of interest is ,Then what will be the maturity amount at the end of six months

Kavita opened a recurring deposit account with a Nationalised Bank for a period of two years. If the bank pays interest at the rate of per annum and the monthly instalment is . Find the interest earned in two years.

Mr. Britto opened a recurring deposit account in a bank. He deposited per month for three years. At the time of maturity he got . Find the total interest earned by Mr. Britto.

Mr. Britto opened a recurring deposit account in a bank. He deposited per month for three years. At the time of maturity he got . Find the rate of interest per annum.

Priya made a fixed deposit of in a bank on for days under p.a. simple interest. Find out the maturity value.

Mr. Sharma opened a recurring deposit account in a bank. He deposited per month for two years. At the time of maturity he got Find
The rate of interest per annum.

A recurring deposit account of per month has a maturity value of If the rate of interest is and the interest is calculated at the end of every month; find the time (in months) of this Recurring Deposit Account.

Each of and both opened recurring deposit accounts in a bank. If deposited per month for years and deposited per month for years; find, on maturity, who will get more amount and by how much The rate of interest paid by the bank is per annum.

Rajveer deposits per month in a recurring deposit account for years. If the rate of interest is per year ; calculate the maturity value of his account.

Manish opens a Recurring Deposit Account with the Bank of Rajasthan and deposits per month for months. Calculate the maturity value of this account, if the bank pays interest at the rate of per annum.
