Question

mrs. Sunita wanted to buy a laptop costing 75, 120.
since she did not have the
money
she decided to open
a RD account and save a certain sum of money every
month, for
a year, so that, along with a the Interest
earned, she could just cover this cost
If the rate of Interest offered by the bank was 8% pa, find the sum of money
she should save monthly to meet this need​

Answer 1

Answer:

THE ANSWER IS ₹ 6000

Step-by-step explanation:

HERE n = time is 1 year

1 year has 12 months therefore

n = 12

sum = p ( coz we don't know the sum)

MV = ₹75120

[ the reason ₹ 75120 became the maturity value or the MV because sunita need 75 120 rupees at the end of the year.]

So, the process is explained in the above given picture.

HOPE IT HELPS..

Answer 2

Answer:

600

Step-by-step explanation:

THE ANSWER IS ₹ 6000

Step-by-step explanation:

HERE n = time is 1 year

1 year has 12 months therefore

n = 12

sum = p ( coz we don't know the sum)

MV = ₹75120

[ the reason ₹ 75120 became the maturity value or the MV because sunita need 75 120 rupees at the end of the year.]

So, the process is explained in the above given picture.

HOPE IT HELPS..