Friday, July 15, 2011

Returns

The post-office recurring deposits offers a fixed rate of interest, currently at 7.5 per cent per annum compounded quarterly. 
Monthly Investment
Total Investment(60months)
Money returned on Maturity (after 60 months)
10
20
50
100
500
1000
1375
5000
600
1200
3000
6000
30000
60000
82500
300000
728.90
1457.80
3644.50
7289.00
36445.00
72890.00
100224.00
364450.00

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