plz solve this question plz don't spam ❌❌
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Answered by
2
Answer:
P=800
time=18 mnths
MA=15084
E. P=Pn(n+1) /2
=800×18(18+1) /2
=400×18×19
I=EP ×R×T/100
=400×18×19×R×1/100×12
=114R
MA=Pn+I
15084=800×18+114R
15084=14400+114R
15084-14400=114R
684/114=R
R=6%
Answered by
45
★Answer★
- P = ₹800 per month , n = 1 ½ years = 18 Month
- Maturity Value = ₹15084
As we know,
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