Math, asked by milindmani994, 2 months ago

5. David opened a Recurring Deposit Account in a bank and deposited 3300 per month
for two years. If he received 37725 at the time of maturity, find the rate of interest per annum.

Answers

Answered by archanachitte1972

0

Answer:

I= PNR/100

for two years principal will be 3300×24=79200

Interest =37725

principal=79200

time= 2years

37725×100\79200×2

23•82%

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