Math, asked by dipakpatekar7664, 11 months ago

Ankita started paying 400 per month in a 3 year recurring deposit. After six months
her brother Anshul started paying 500 per month in a 5/2 years recurring deposit. The
bank paid 10% p.a. simple interest for both. At maturity who will get more money and
by how much?​

Answers

Answered by SAURABHYADAV6391
2

Answer:

Rajesh opens a recurring deposit account in a bank of ` 400 per month. How many instalments he has to pay to get a maturity of ` 18500 if the bank pays a simple interest of 8% pa.

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