Question

Jyothi invested Rs. 400 at the beginning o every month in a bank paying 8% on recurring deposits. How much would shi get at the end of 3 years? 1) Rs. 15,126 2) Rs. 15.750 3) Rs. 16,075 4) Rs. 16,176 5) None of these

Answer 1

Answer:

5)None of these.

Jyothi invested Rs. 400 at the beginning every month

a bank paying 8% on recurring deposits.

400/8=50

400-50=350

3 year=36 months[1year=12months]

350*36=12600

answer is 12600

Step-by-step explanation:

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