a invester receives rs 25000, rs2000, rs 15000, and rs25000 in his investment of four years respectively and assuming 10% interest rate .find out how much he has invested @ the beginning
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In case of recurring deposits, the compounding happens on quarterly basis. Here, A is the maturity amount in Rs., therecurring deposit amount is 'P' in Rs., 'N' is the compounding frequency, interest rate R in percentage and 't' is the tenure.
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