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Mr. Rakesh deposited ₹1,100 every month in a recurring deposit account of a bank for 4 years. If the bank pays interest at the rate of 9% per annum, find the interest earned by him on this account.

Answer» Mr. Rakesh deposited ₹1,100 every month in a recurring deposit account of a bank for 4 years. If the bank pays interest at the rate of 9% per annum, find the interest earned by him on this account.


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