Sarojini deposit Rs 1000 every month in a recurring deposit account for 3 years at 9% simple interest per annum find the total amount deposited by her in 3 years
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A person deposited Rs.350 per month in a bank for 1 year and 3 months under the recurring deposit scheme. If the maturity value of her deposits is Rs.5,565; find the rate of interest per annum. Answer: Question 9: A recurring deposit account of 1,200 per month has a maturity value of Rs.12,440.Jun 15, 2017
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