6. P = 14050 , R = 6. % per year, T = 2 years 2
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Recurring deposit
maturity value = 14050*24 + (14050*6*7*24)/2400
=337200 + 141624 = 478824 ans
simple interest
p*r*t /100 = 14050*6*24/100 = 20232
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