Question

If Ram needs to get 4000 rupees on 15 December 2021, how much money should Ram earn per day starting from today?

Can anyone help me, I'm stucked in this question...

Answer 1

$= 15 \div 4000 \\ = \frac{4000}{15} \\ = \frac{800}{3}$

Answer 2

This amount then continues to earn more interest. ... This result must be multiplied to the power of the deposit period. ... So the compound interest earned after 10 years is Rs. 6,436.19.

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