how much would your down payment be for a 250,000.00 loan

how much would your down payment be for a 250,000.00 loan
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what is the interest on $ 250,000.00 at three percent for one year

Description : what is the interest on $ 250,000.00 at three percent for one year

Last Answer : Need Answer

An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Description : An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Last Answer : (A) Rs. 8,43,750

Can I apply for a $5,000.00 loan and pay it in 36 months?

Description : Can I apply for a $5,000.00 loan and pay it in 36 months?

Last Answer : You can apply for a loan and pay it off in 36 months, however if you have a low credit score you may be denied.

what would a monthly payment run on a 30 year note & a $60,000 loan?

Description : what would a monthly payment run on a 30 year note & a $60,000 loan?

Last Answer : Assuming your mortgage rate is about 6%, the monthly principal and interest payment would be about $360. Your Mortgage rates might be higher though because of the financial problems.

A three-phase alternator operates at 450 volts with a power factor of 0.8. If the ammeter indicates 250 amperes, what should be the KW meter reading? A. 90.00 KW B. 127.27 KW C. 155.70 KW D. 194.85 KW

Description : A three-phase alternator operates at 450 volts with a power factor of 0.8. If the ammeter indicates 250 amperes, what should be the KW meter reading? A. 90.00 KW B. 127.27 KW C. 155.70 KW D. 194.85 KW

Last Answer : Answer: C

Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50 per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. If 11,750completed units were transferred out, what was the closing inventory in Process B? (a) Rs. 6562.50 (b) Rs. 12,250.00 (c) Rs. 14,437.50 (d) Rs. 25,375.00

Description : Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50  per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25  per completed unit and Rs ... 6562.50 (b) Rs. 12,250.00 (c) Rs. 14,437.50 (d) Rs. 25,375.00

Last Answer : (a) Rs 142,485

A dynamic RAM has refresh cycle of 32 times per msec. Each refresh operation requires 100 nsec and a memory cycle requires 250 nsec. What percentage of memory’s total operating time is required for refreshes? (A) 0.64 (B) 0.96 (C) 2.00 (D) 0.32

Description : A dynamic RAM has refresh cycle of 32 times per msec. Each refresh operation requires 100 nsec and a memory cycle requires 250 nsec. What percentage of memory’s total operating time is required for refreshes? (A) 0.64 (B) 0.96 (C) 2.00 (D) 0.32

Last Answer : Answer: D Explanation: in 1ms : refresh = 32 times Memory cycle = 1ms/250ns = 106ns/250ns = 4000 times Therefore, % of refresh time = (32 x 100ns)/(4000 x 250ns) = 3200ns/1000000 x 100% = 0.32%

What will the monthly mortgage payment be on a $115,00 home mortgage in Volusia County, Florida at 3.5% interest for 30 years?

Description : What will the monthly mortgage payment be on a $115,00 home mortgage in Volusia County, Florida at 3.5% interest for 30 years?

Last Answer : You can figure out the mortgage payment by using a mortgage calculator tool to breakdown the monthly payments over time. I would input the details to get the final figures.

How much is the monthly payment on a 5000 loan?

Description : How much is the monthly payment on a 5000 loan?

Last Answer : The amount of interest on 5000L for five years would depend on where you are borrowing the money from and what the prime rate is at that time. Call your local bank and find out the prime rate.

If life insurance policy was worth $10,000.00 in 1955 how much will it be in 2009?

Description : If life insurance policy was worth $10,000.00 in 1955 how much will it be in 2009?

Last Answer : Unless the terms of the policy have changed, $10,000.

I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Description : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Last Answer : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?” Topics: Hr Block

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross income of the farm from the sale of milk ? (A) Between Rs. 2,000 and Rs. 2,200 (B) Between Rs. 1,250 and Rs. 1,400 (C) Between Rs. 700 and Rs. 825 (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Description : A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross ... (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Last Answer : (B) Between Rs. 1,250 and Rs. 1,400

Is there a benefit to making a principle only payment on a simple interest loan?

Description : Is there a benefit to making a principle only payment on a simple interest loan?

Last Answer : Paying extra principle will reduce your interest costs. Sometimes the reduction is in the next payment, but there is always a reduction at the end.

Jocelyn takes home 2600 per month from her job as a paralegal if you’re only debt obligation or a car loan payment of 480 and a credit card payment of 80 every month is she in danger of credit overload?

Description : Jocelyn takes home 2600 per month from her job as a paralegal if you’re only debt obligation or a car loan payment of 480 and a credit card payment of 80 every month is she in danger of credit overload?

Last Answer : Yes, because the sum of $480 and $80 is greater than $520.2600x20%= 520

Does a bounced cheque affect your credit score, even if no loan payment is involved?

Description : Does a bounced cheque affect your credit score, even if no loan payment is involved?

Last Answer : Bounced cheque doesn't affect the credit score until the payment is related to a loan transaction.Banks doesn't report transactions to credit bureaus. but remember that when you take a loan in ... transactions.but if the same problem persists then bank could deny the loan. hope this helps

What is loan amount with payment of 326.50 for 36 months?

Description : What is loan amount with payment of 326.50 for 36 months?

Last Answer : WITHOUT KNOWING the interest rate, and whether the interest issimple or compounded, and how often the latter is applied, it isIMPOSSIBLE to answer the question.As the interest rate, the type of interest ... as expected, youwould end up with a deficit in your pot you would need to find fromsomewhere.

How do I go about getting a title loan so I can make a mortgage payment?

Description : How do I go about getting a title loan so I can make a mortgage payment?

Last Answer : You will find auto title loan companies in your community. Take the title to your car with you and talk to them about a loan. Your car title will be your security for repaying the debt. Just be ware if you do not, they can repossess your vehicle.

Fafsa Student Loan Payment and Payment Options?

Description : Fafsa Student Loan Payment and Payment Options?

Last Answer : Many people find it necessary to take out student loans to pay for a college education. Although these loans must be paid back, students can make good choices so that their Fafsa Student Loan ... . The government offers deferment and forbearance of the student loans for those that apply and qualify.

Relief for Federal Student Loan Payment?

Description : Relief for Federal Student Loan Payment?

Last Answer : If you have fallen behind on student loan payments due to unemployment or health expenses, relief is available. Federal student loan payment assistance programs include consolidation of multiple loans into one ... as an emergency measure. These programs only apply to loans that are in good standing.

Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement known in banking context? A. Line of Credit B. Loan to Client C. Loan on Credit D. Letter of Credit

Description : Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement known in banking context? A. Line of Credit B. Loan to Client C. Loan on Credit D. Letter of Credit

Last Answer : D. Letter of Credit Explanation: A letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.

Mobilization advance up to 10% of the cost of work is given to a contractor (A) On commencement of work at site for payment of loan taken by him (B) For the purchase of construction materials (C) For the payment of advances to labour and other staff (D) For all activities required to start the work at site on finalization of the contract document

Description : Mobilization advance up to 10% of the cost of work is given to a contractor (A) On commencement of work at site for payment of loan taken by him (B) For the purchase of construction ... staff (D) For all activities required to start the work at site on finalization of the contract document

Last Answer : (D) For all activities required to start the work at site on finalization of the contract document

Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Description : Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Last Answer : d) Payment to creditors

what Ms. Texeira works in sales and is paid a base salary of $41,000 plus 5.5% of sales. Last year her sales were $200,00 .What was her total pay last year?

Description : what Ms. Texeira works in sales and is paid a base salary of $41,000 plus 5.5% of sales. Last year her sales were $200,00 .What was her total pay last year?

Last Answer : 32855$

Who lived in near est and central Aisa between `1,00,000-40,000` years back?

Description : Who lived in near est and central Aisa between `1,00,000-40,000` years back?

Last Answer : Who lived in near est and central Aisa between `1,00,000-40,000` years back? A. Homo erectus B. Homo habilis C. Neanderthal man D. Australopithecines

20) Use Accounting Equation to show the effect of the following transactions of Ram Traders.a) Started business with cash ₹ 1,00,000.b) Bought goods for cash \( ₹ 20,000 \).c) Cash sales ₹ \( 60,000 . \)

Description : 20) Use Accounting Equation to show the effect of the following transactions of Ram Traders.a) Started business with cash ₹ 1,00,000.b) Bought goods for cash \( ₹ 20,000 \).c) Cash sales ₹ \( 60,000 . \)

Last Answer : 20) Use Accounting Equation to show the effect of the following transactions of Ram Traders. a) Started ... 000 . c) Cash sales ₹ 60,000 .

My husband wants to cash in an annuity he has had since 1990,He will be 60 in May. The annuity is with Prudential. We lived in New Jersey at the time, now we live in Virginia. Do both states get a % tax, or just Virginia The annuity is under $12,000.00?

Description : My husband wants to cash in an annuity he has had since 1990,He will be 60 in May. The annuity is with Prudential. We lived in New Jersey at the time, now we live in Virginia. Do both states get a % tax, or just Virginia The annuity is under $12,000.00?

Last Answer : You would actually get the tax in New Jersey since that is where the annuity is from. You'll have to report it as income on your state taxes, and then Virginia may also tax you.

My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.

What rate can I get on $600,000.00?

Description : What rate can I get on $600,000.00?

Last Answer : For the initial 10 years the interest rate will be 8% if it is on a basis of 30 years term

330,000,000 divided by$177.00?

Description : 330,000,000 divided by$177.00?

Last Answer : 1864406.7797

The number of small stable RNAs per cell ranges from (A) 10–50,000 (B) 50,000–1,00,000 (C) 1,00,000–10,00,000 (D) More than 10 lakhs

Description : The number of small stable RNAs per cell ranges from (A) 10–50,000 (B) 50,000–1,00,000 (C) 1,00,000–10,00,000 (D) More than 10 lakhs

Last Answer : Answer : C

Molecular weight of transferrin is about (A) 40,000 (B) 60,000 (C) 80,000 (D) 1,00,000

Description : Molecular weight of transferrin is about (A) 40,000 (B) 60,000 (C) 80,000 (D) 1,00,000

Last Answer : Answer : C

The molecular weight of heavy chains is (A) 20,000–25,000 (B) 25,000–50,000 (C) 50,000–70,000 (D) 70,000–1,00,000

Description : The molecular weight of heavy chains is (A) 20,000–25,000 (B) 25,000–50,000 (C) 50,000–70,000 (D) 70,000–1,00,000

Last Answer : Answer : C

Approximately, how many times each day do our heart valves open and close normally? A. 10,000 B. 1,00,000 C. 1,50,000 D. 2,00,000

Description : Approximately, how many times each day do our heart valves open and close normally? A. 10,000 B. 1,00,000 C. 1,50,000 D. 2,00,000

Last Answer : ANSWER: B

The current ratio is 3 : 2 and the amount of current liabilities is Rs. 40,000. What is the amount of current assets ? (A) Rs. 60,000 (B) Rs. 70,000 (C) Rs. 80,000 (D) Rs. 1,00,000

Description : The current ratio is 3 : 2 and the amount of current liabilities is Rs. 40,000. What is the amount of current assets ? (A) Rs. 60,000 (B) Rs. 70,000 (C) Rs. 80,000 (D) Rs. 1,00,000

Last Answer : Answer: Rs. 60,000

A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of machinery. What are the funds from operation ? (A) Rs. 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Description : A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of ... 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Last Answer : Answer: Rs. 2,50,000

The rate of gross profit is 20% on sales and the cost of goods sold is Rs. 1‚00‚000, the amount of gross profit will be– (A) Rs. 30‚000 (B) Rs. 25‚000 (C) Rs. 20‚000 (D) Rs. 16‚667

Description : The rate of gross profit is 20% on sales and the cost of goods sold is Rs. 1‚00‚000, the amount of gross profit will be– (A) Rs. 30‚000 (B) Rs. 25‚000 (C) Rs. 20‚000 (D) Rs. 16‚667

Last Answer : Answer: Rs. 25‚000

If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Description : If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Last Answer : Answer: Rs. 50‚000

The following data, relates to manufacturing company for the year 2006-07– Net Profit as per P & L A/c–Rs. 2,40,000; Depreciation–Rs. 80,000; Goodwill written-off– Rs. 40,000, Profit on Sale of Fixed Assets–Rs. 16,000, Proposed Dividend–Rs. 96,000. The fund from operation would be– (A) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Last Answer : Answer: None of the above

X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many shares should X Ltd. issue to Maruti Udyog Ltd. for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares

Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares

Last Answer : Answer: 28,000 shares

Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be– (A) 0•5 times (B) 0•8 times (C) 0•10 times (D) 0•4 times

Description : Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be– (A) 0•5 times (B) 0•8 times (C) 0•10 times (D) 0•4 times

Last Answer : Answer: 0•5 times

Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Last Answer : Answer: 1•125 : 1

Net profit after tax of Rs. 2,00,000 is Rs. 4,00,000. Share capital is Rs. 8,00,000 and revenue reserve is Rs. 2,00,000. What is rate of return on equity ? (A) 40% (B) 50% (C) 60% (D) 75%

Description : Net profit after tax of Rs. 2,00,000 is Rs. 4,00,000. Share capital is Rs. 8,00,000 and revenue reserve is Rs. 2,00,000. What is rate of return on equity ? (A) 40% (B) 50% (C) 60% (D) 75%

Last Answer : Answer: 40%

R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Last Answer : Answer: Rs. 4,00,000

A machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ? (A) Rs. 3,00,000 (B) Rs. 3,50,000 (C) Rs. 3,55,000 (D) None of these

Description : A machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ? (A) Rs. 3,00,000 (B) Rs. 3,50,000 (C) Rs. 3,55,000 (D) None of these

Last Answer : Answer: Rs. 3,50,000

A drop of blood contains (a) about 10,000 cells (b) about 1,00,000 cells (c) several million cells (d) less than 25,000 cells

Description : A drop of blood contains (a) about 10,000 cells (b) about 1,00,000 cells (c) several million cells (d) less than 25,000 cells

Last Answer : Ans:(c)

The Cabinet Committee on Economic Affairs has recently raised the emoluments of President, the Vice-President and the Governors. The emolument payable to the President, has been raised to – (1) Rs. 1.00 lakh from Rs. 50,000 per month (2) Rs. 1.50 lakh from Rs. 50,000 per month (3) Rs. 1.75 lakh from Rs. 75,000 per month (4) Rs. 2.00 lakh from Rs. 1.00 lakh per month

Description : The Cabinet Committee on Economic Affairs has recently raised the emoluments of President, the Vice-President and the Governors. The emolument payable to the President, has been raised to - (1) Rs. 1.00 lakh from Rs. 50, ... from Rs. 75,000 per month (4) Rs. 2.00 lakh from Rs. 1.00 lakh per month

Last Answer : (2) Rs. 1.50 lakh from Rs. 50,000 per month Explanation: Emoluments of the President, the Vice President and Governors were raised by 300 per cent in 2008. The President's ... Singh. The CCEA also rationalized postretirement benefits to former Presidents, former Vice Presidents and their spouses.

Approximately how many times each day, do our heart valves open and close normally? (1) 10,000 times (2) 1,00,000 times (3) 1,50,000 times (4) 2,00,000 times

Description : Approximately how many times each day, do our heart valves open and close normally? (1) 10,000 times (2) 1,00,000 times (3) 1,50,000 times (4) 2,00,000 times

Last Answer : (2) 1,00,000 times Explanation: The opening and closing of heart valves is known as a heartbeat. The average human heart beats 100,000 times per day.

DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: DICGC guarantees amount up to Rs. 1,00,000 per depositor per bank. They also offer income tax and wealth tax benefits.

What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: The minimum amount of deposit into/withdrawal from currency chest will be Rs.1,00,000/- and thereafter, in multiples of Rs.50,000.