Question

Ramesh opens a recurring deposits in a bank and pays 500 every month for 2.5years. He
recieves 16,550 at the time of maturity. Calculate the rate of interest paid by the bank.
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Answer 1

Step-by-step explanation:

idk if it's correct but u can solve it again

bec the rate which have come is a little odd one u try it and text me if u got it right