Radha deposited Rs. 1500 per month in a cummulative account for 8 months.
What will be the maturity value of her deposits if the rate of interest is 8% p.a.
and interest is calculated every month.
[Ans : Rs. 12360/-]
Answers
Answered by
1
Answer:
12360
Step-by-step explanation:
S.I=P*R*T/100
S.I=1500*8*8/100
S.I=12360
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