Question

Kamal deposits Rs.350 per month at 10% p.a in a recurring deposit account for 2 1/2 years. Find

Answer 1

Answer:

₹1400

Step-by-step explanation:

2 1/2= 30 months

So,

350×30×10/100

₹1050

350+1050=₹1400

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Answer 2

Answer:

Step-by-step explanation:

p= Rs 350

r= 10%p.a

n= 2 1/2=30 months

I = P * (n(n + 1))/(2 * 12) * n/100

=352* 155 32 (31) 10/(2 * 72) * 105/22

= 5425/4

= mathcal Z * 1356 * 25....... : )