Anaya has a 5 years R.D. Account in PNB and deposit~ 200 per month. if she receives ~ 15000 at time of maternity, find the rate of interest.
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6 ak asm aj ns of kan apical one
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Answer:
p=200 , time = 12×5=60months , m v= 15000
Step-by-step explanation:
formula = mv = p×n+p×n(n+1)/2×24×r/100
15000=200×60+200×60×61/24×r/100
15000-12000= 305r
3000=305r
r= 3000/305
r=9.83
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