Sajal invests Rs600per month for 30 months in a recurring deposit scheme of oriental bank of commerce.if bank pays simple interest at20/3per annum find amount received at maturity.
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Answered by
39
Answer:
Maturity Value= Rs. 19550
Step-by-step explanation:
- Total Money Deposited=600*30 mths= Rs.18000
- Interest= (600*30*31*20)/3*2400
=Rs.1550
- Maturity val= Money Dep+Int= Rs. 19550
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dishasatija:
thnks a lot for ur answer....
Give me a brainliest answer tag
I can't coz there is no second answer I can only give brainliest when there is a second answer
Answered by
22
the answer is ₹19550
pls pls pls
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