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Mr. KK deposits Rs.60, 000 for 5 years, starting from now in a savings account that pays 6% interest compounded monthly. Two years after the
Mr. KK deposits Rs.60, 000 for 5 years, starting from now in a savings account that pays 6% interest compounded monthly. Two years after the last deposit he makes another deposit of Rs.60, 000. Two after this deposit he makes another deposit of Rs.15, 000. Two years after the 15,000 deposit, half of the accumulated amount is transferred to another fund that pays 8%, interest compounded quarterly. How much money will be available in each account 10 years after the transfer?
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