Mr Godwin deposit 1000rs per month in a recurring deposit acount for 3 years
8%inetrest per annul find the mature value
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givEn.,
principal=1000
rate of interest=8%
time=3
simple interest=ptr/100
1000×3×8/100=10×3×8=240
therefore interest is 240
principal=1000
rate of interest=8%
time=3
simple interest=ptr/100
1000×3×8/100=10×3×8=240
therefore interest is 240
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