Math, asked by aditya5120, 10 months ago

Katrina opened a recurring deposit account with a Nationalised Bank for a period of
2 years. If the bank pays interest at the rate of 6% per annum and the monthly instalment is $1,000, find the :
(i) interest earned in 2 years
(ii) maturity value.

PLEASE SOLVE THE QUESTION. ​

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Answered by barickmanju12
1

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