We invest Rs. 50000 in a scheme where the interest is likely to vary following a Normal Distribution with mean 8% p.a and standard deviation 3% p.a.. What will be the cumulated amount after 10 years?
In this file, 1000 simulation runs have been done. It also finds the amount to invest so that the probability of cumulated amount becoming at least Rs. 120000 is 0.9. The file can be downloaded from
https://drive.google.com/file/d/0B6PHuk6I5SxbUTVmSGhOVEZzQjQ/view?usp=sharing
In this file, 1000 simulation runs have been done. It also finds the amount to invest so that the probability of cumulated amount becoming at least Rs. 120000 is 0.9. The file can be downloaded from
https://drive.google.com/file/d/0B6PHuk6I5SxbUTVmSGhOVEZzQjQ/view?usp=sharing
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