Math, asked by hiralaltirkey1969, 9 months ago

SS deposits a certain sum of money every month in a recurring deposit account for a period of 12 months if the bank pays interest at the rate of 11% per annum and Ashish guess 12750 Rupees as the maturity value of of this account what sum of money did he pay every month

Answers

Answered by sunitakumawatdevi92

Step-by-step explanation:

Ashish deposits a certain sum of money every month in a recurring deposit account for a period of 12 months. If the bank pays interest at the rate of 11./. p.a and Ashish gets ₹12,715 as the maturity value of this account, what sum of money did he pay every month??

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