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Saurabh opened a recurring deposit with a bank for 212 years. The bank paid Rs 4137.50 on maturity. If the rate of interest is 8% per annum, calculate the monthly instalment.? [4 MARKS]

Answer» Saurabh opened a recurring deposit with a bank for 212 years. The bank paid Rs 4137.50 on maturity. If the rate of interest is 8% per annum, calculate the monthly instalment.?
[4 MARKS]


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