1.

Mrs.Mathew opened a recurring deposit account in a certain bank and deposited Rs 640 per month for 41/2 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 Rs 640 per month for 41/2 years .Find the maturity value of this account, if the bank pays interest at the rate of 12% per year.



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