Shyam deposited Rs. 150 per month in his bank for eight months under the Recurring
Deposit Scheme. Find the maturity value of his deposit, if the rate of interest is 8% per
annum and the interest is calculated at the end of every month ?
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the interest,annum is 500
Answered by
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Answer:
he depo 150/8 ×100 and find the ans
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