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% p.a. and the monthly installment is rs 1000. Find the interest earned in 2 years and maturity value.
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Hi.●■■●■●●■
Your answer is shown in the picture provided and written by me.
Correct answer is Rs. 25,500.
Hope this will help u.●■■●
Here is your answer.●■■●
Your answer is shown in the picture provided and written by me.
Correct answer is Rs. 25,500.
Hope this will help u.●■■●
Here is your answer.●■■●
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16
Step-by-step explanation:
it is the correct answer
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