Amit deposited ₹ 150 per month in a bank for 8 months under Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 8% per annum and interest is calculated at end of every month ?

A recurring deposit account of ₹ 1200 per month has a maturity value of ₹ 12440. If the rate of interest is 8% and the interest is calculated at the end of every month; find the time (in months) of this Recurring Deposit Account.

Mr. Gupta opened a recurring deposit account in a bank. He deposited ₹ 2500 per month for two years. At the time of maturity he got ₹ 67500. Find :

(i) the total interest earned by Mr. Gupta

(ii) the rate of interest per annum.

Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets ₹ 1200 as interest at the time of maturity, find :

(i) the monthly instalment

(ii) the amount of maturity.