Being a senior citizen you decide to invest $200,000 say for period 24 months, then describe what is the value you would expect to receive? Deposit rate (recurring deposit) available for various periods is given below

Finance Jan 19, 2021

Being a senior citizen you decide to invest $200,000 say for period 24 months, then describe what is the value you would expect to receive? Deposit rate (recurring deposit) available for various periods is given below. (CLO2)

Recurring Deposit (RD)
Tenure	Senior Citizen (i %)
6 months	3.50%
12 months	7.75%
18 months	7.75%
24 months	7.90%

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