If Rama pays Rs. 1,000 at the beginning of every month in a post office recurring deposit for
5 years. If the rate of interest is 7%. What is the amount Rama gets at the end of five years?
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Step-by-step explanation:
Rama will get 5000 rupees at the end of 5years
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1000*5*7 upon 100
5*7*10=350
A=P+I
A=1000+350
A= 1350
5*7*10=350
A=P+I
A=1000+350
A= 1350
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