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Nadeesha is a college student, and she receives Rs.10,000 from her parents at the beginning of every week for her studies. Out of that Rs.
Nadeesha is a college student, and she receives Rs.10,000 from her parents at the beginning of every week for her studies. Out of that Rs. 10,000, she manages to save Rs 4,000 every week. At the end of every month, she deposits the accumulated savings in a bank account that pays interest at 8% per annum, compounded monthly. If she can make the deposit for 5 years consecutively without any interruption, calculate the present value of her deposit.
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