Math, asked by asthejaswinee, 5 hours ago

man deposited Rs.400 per month in a recurring deposit scheme for one year giving 5% per annum. The interest earned at the time of maturity is

Answers

Answered by nithinkrishna23

0

Answer:

130

Step-by-step explanation:

P = 400

R = 5%

N = 1 year

=> 12 months

P= n(n+1)/2×12 × R/100

400 × 12(13)/2×12 × 5/100

=> 130

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