Question

Mr. patel deposits ₹500 in A bank, at the beginning of the first year, ₹530 at the beginning of second year, ₹550 at the beginning of third year. The bank pays 8%p.a simple interest. what will be the amount in his account at the end of third year? ​

Answer 1

Answer:

... the payment in the following manner: Down payment 1000 First instalment at the end of the one year 2000 Second instalment at the end of ...