Mr sonu has recurring deposit account and deposits Rs 750 per month for 2 years . if he gets Rs 19125 at the time of maturity. find the rate of intrest.
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Answer:
Step-by-step explanation:
M.V = PXN+PXN(N+1)÷2X12XR÷100
I got the answer as:
Rate of interest = 6%
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