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Mohan deposits Rs 80 per month in a cumulative deposit scheme for six years. Find the amount payable to him on maturity, if the rate of interest is 6% per annum. [4 MARKS]

Answer» Mohan deposits Rs 80 per month in a cumulative deposit scheme for six years. Find the amount payable to him on maturity, if the rate of interest is 6% per annum.
[4 MARKS]


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