Question

The maturity value of r.d account is rs.16176.if the monthly instalment is rs.400 and the rate of interest is 8% find the time of this r.d. account.

Answer 1

Answer:

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Step-by-step explanation:

16,176. If the monthly instalment is Rs. 400 and the rate of interest is 8%; find the time (period) of this R.D. Account. ⇒n=36 or n=−337, which is neglected since number of months cannot be negative!

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Answer 2

☺See the attachment ☺

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