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Mr Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. If the rate of interest is 8% per annum and Mr Britto gets ₹ 8088 from the bank after 3 years, find the value of his monthly installment. |
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Answer» Mr Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. If the rate of interest is 8% per annum and Mr Britto gets ₹ 8088 from the bank after 3 years, find the value of his monthly installment. |
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