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Congratulation
1 Land is a/an ___________ investment and does not give any rental income.
2 While calculating the retirement corpus, which of the following parameters should be taken into consideration?
3 Mahesh has Rs 20,000 in a fixed deposit with a bank. The bank offers him an interest rate of 8.95% for 5 years. He wants to know the value of his deposit after 5 years.
4 Rohan needs Rs 1 crore after 25 years as his retirement corpus. He wants to invest a fixed sum every month for 25 years. Assuming the investment rate as 12% p.a. How much should Rohan invest monthly to achieve his retirement corpus?
5 Save and invest regularly so as to live a comfortable retired life