If i save 10000 a month for 8 year at an intrest of 7% per annum
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Hello Mortals
Each month = 10000
For one year = 120,000
Rate = 7% per annum
Time = 8 years.
SI = 1200 × 7 × 8
= 67200.
So, total amount = 187200
Each month = 10000
For one year = 120,000
Rate = 7% per annum
Time = 8 years.
SI = 1200 × 7 × 8
= 67200.
So, total amount = 187200
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