Question

1, Arun invests Rs 250 at the beginning of every month in a bank paying
12% S.I per annum in a recurring account. How much would he receive
at the end of 4 years?

Answer 1

Step-by-step explanation:

$1 \: month \: 250 \\ 1 \: year \: 250 \times 12 = 3000 \\ 3000 \times 4 \times 12\% \\ = > 1440$