1.

Mrs Mathew opened a Recurring Deposit Account in a certain bank and deposited ₹ 640 per month for 4.5 years. Find the maturity value of this account, if the bank pays interest at the rate of 12% per year.

Answer»

Mrs Mathew opened a Recurring Deposit Account in a certain bank and deposited ₹ 640 per month for 4.5 years. Find the maturity value of this account, if the bank pays interest at the rate of 12% per year.




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