Question

Rubi deposits 250 per month in a post office
recurring deposit account for 3 years. What
amount will she get on maturity, if the rate of
interest is 7.5% p.a.?​

Answer 1

Step-by-step explanation:

p = € 250

n = 3 years

= 12×3

= 36 months

r = 7.5 %

SI = p×n(n+1)/2 × 1/ 12 × r/ 100

= 250 × 36 ×37/2 × 1/12 × 7.5 /100

= € 1083

M.V. =( p × n) + SI

= (250 × 36) + 1083

= 9000 + 1083

= 10083 (ans)

Answer 2

Step-by-step explanation:

Here is your answer

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Step-by-step explanation:

Step-by-step explanation:250× (12×3)= 9000.

Step-by-step explanation:250× (12×3)= 9000.I= PRT

Step-by-step explanation:250× (12×3)= 9000.I= PRTI= 9000×(7.5÷100)×3

Step-by-step explanation:250× (12×3)= 9000.I= PRTI= 9000×(7.5÷100)×3= 2025

Step-by-step explanation:250× (12×3)= 9000.I= PRTI= 9000×(7.5÷100)×3= 2025Therefore 9000+2025

Step-by-step explanation:250× (12×3)= 9000.I= PRTI= 9000×(7.5÷100)×3= 2025Therefore 9000+2025= 11025

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