David received Rs. 7875 as the maturity amount of a monthly recurring deposit of 2 years at 9% p.a. Find the monthly installment.
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Answer:
aanswer is ₹8442
Step-by-step explanation:
principal-₹7875; rate 9%p.a., time-2years
find amount: p×r×t÷100
by this formula you get your answer
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