I'm not a financial guy, but I calculate about $123 143.90 for the first
scenario.
I would say the second scenario is just that - a scheme. Most likely in 2
years, you end up with zilch!

"Ram" wrote:

Hi,

I have gone thru the forum discusiions on simiar topics, but couldnt
understand much. appreciate your help with this query

1) i invest $100000 for 3 years one month today with reinvesment of interest
earned quaterly at the rate of 7.00% per annum. What wil be ultimate amount
at the end of the tenure?

2) I invest $100000 today in a scheme which will give me 250000 after 2
years. what is the rate of return here?