John has a recurring deposit account in a bank. If she deposits Rs. 2000
per month and the bank pays interest at the rate of 10% p.a., find the total
time fro which he must hold the account to get Rs. 83100 at the time of
maturity.
Answers
Answered by
2
Answer:
it is because 10 pa , togh
Answered by
0
Step-by-step explanation:
P= 2000
r= 10%
A= 83100
n= ?
since ,A = 2000n+ pn(n+1)r / 13= 83100
=> 2000n+ 2000n(n+1)×10/13= 83100
=>. n+n(n+1)×10/13= 831/20
=> 13n+10n²+10n= 831×13/20
200n²+460n-10803 = 0
solving the quadratic equation we find
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