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Rishabh has a recurring deposit account in a post office for 3 years at 8% p.a. simple interest. If he gets Rs 9,990 as interest at the time of maturity, find: (i) the monthly instalment. (ii) the amount of maturity. |
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Answer» Rishabh has a recurring deposit account in a post office for 3 years at 8% p.a. simple interest. If he gets Rs 9,990 as interest at the time of maturity, find: (i) the monthly instalment. (ii) the amount of maturity. |
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