11 A person has invested Rs.20,000/- in bank at an interest of 10% p.a .

How much amount he will

receive after 5 years if the compounding is done. a. Annually b. Half yearly ?

12 A person invests a sum of Rs. 10,000/- in a bank at a nominal interest rate of 10% for 10 years.
The compounding is half yearly . Find the maturity amount of the deposit after 10 years.
14 A person deposits a sum of Rs.1,50,000 for his son who will be admitted to a professional course
5 year later. The bank pays an interest at 12% compounded half yearly. Find the future sum of the
money at the time of admission of his son to the professional course.

15 Rakesh wants his savings to yield Rs.200,000 at the end of 7 years. How much must be deposit
today in order to do so if the rate of interest is fixed at 10% compounded quarterly?

1 Rakesh wants his savings to yield Rs.100,000 at the end of 5 years . How much must be deposit
today in order to do so if the rate of interest is fixed at 10% compounded annually?
2 You are currently investing your money in a bank account which has a nominal annual rate of
interest 8% compounded annually, if you invest Rs.2,000 today, how much will you get after 20
years?