1.

Mr Amit deposited Rs. 150 per month in a bank for 8 months under the recurring deposits scheme. What will be the maturiy value of his deposits, if the rate of interest is 8% per annum and interest is calculated at the end of every month?

Answer» Mr Amit deposited Rs. 150 per month in a bank for 8 months under the recurring deposits scheme. What will be the maturiy value of his deposits, if the rate of interest is 8% per annum and interest is calculated at the end of every month?


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