Question

please solve this it is urgent​

Answer 1

Answer:

Dear ur ans:-

Monthly installment =Rs 1100.

Time taken to deposit monthly instalment = 16 months.

Maturity value = Rs 19096.

So, total money deposited by Mr. Brown =Rs (1100*16)

=Rs 17600

Therefore, interest paid by the bank to him = Rs (19096-17600)

=Rs 1496

Since, M.V= Total money deposited*TIME.

I =P* n*(n+1)*r/100/2*12

1496 = 1100*16*17*r/100/2*12

= 12 percent p.a.

Step-by-step explanation:

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Answer 2

Answer:

refer the above answer