Vineet a deposits 800 per month in a cumulative
deposit account for vers: If the amount
payable at the time of maturite is 1,46
calculate the rate of interest
Answers
Answer:
Let the monthly installment be P
Given, monthly installment Rs.=80, r=6%, n=6×12=72
We know, Interest =
2400
Pn(n+1r)
=
2400
80×72×73×6
=
5
5256
Required amount =Pn+52565
=80×72+
5
5256
=28800+
5
5256
=6811.20
Answer:
Under the Euro Medium Term Note Programme described in this Base Prospectus (the "Programme"), Crédit Mutuel Arkéa (the "Issuer"), subject to
compliance with all relevant laws, regulations and directives, may from time to time issue notes (the "Notes").
The aggregate nominal amount of Notes outstanding will not at any time exceed €13,000,000,000 (or its equivalent in other currencies) at the date of issue.
Application has been made to the Luxembourg Stock Exchange for Notes described in this Base Prospectus to be listed on the Official List of the Luxembourg
Stock Exchange and admitted to trading on the regulated market of the Luxembourg Stock Exchange (Bourse de Luxembourg). The Luxembourg Stock
Exchange's regulated market is a regulated market for the purposes of Directive 2004/39/EC as amended (each such market being a "Regulated Market").
However, Notes issued under the Programme may also be listed and admitted to trading on another Regulated Market of the European Economic Area
("EEA") and/or offered to the public in any Member State of the EEA, or may be unlisted.
Application has been made to the Commission de Surveillance du Secteur Financier (the "CSSF") in its capacity as competent authority in Luxembourg for
the purposes of the Luxembourg act dated 10 July 2005 relating to prospectuses for securities (loi du 10 juillet 2005 relative aux prospectus pour valeurs
mobilières) as amended, for approval of this Base Prospectus. In accordance with the provisions of article 7 (7) of the loi relative aux prospectus pour valeurs
mobilières dated 10 July 2005 as amended, the CSSF assumes no responsibility as to the economic and financial soundness of the transaction and the quality
or solvency of the Issuer. The relevant Final Terms (a form of which is contained herein) in respect of the issue of any Notes will specify whether or not such
Notes will be listed and admitted to trading and/or offered to the public and, if so, the relevant Regulated Market(s) and/or the Member State(s) in the EEA
where the Notes will be offered to the public.
Notes may be issued either in dematerialised form ("Dematerialised Notes") or in materialised form ("Materialised Notes") as more fully described herein.
Dematerialised Notes will at all times be in book entry form in compliance with Articles L.211-3 and R.211-1 et seq. of the French Code monétaire et
financier. No physical documents of title will be issued in respect of the Dematerialised Notes. Dematerialised Notes may, at the option of the Issuer, be (i) in
bearer form (au porteur) inscribed as from the issue date in the books of Euroclear France (acting as central depositary) which shall credit the accounts of the
Account Holders (as defined in "Terms and Conditions of the Notes - Form, Denomination, Title and Redenomination") including Euroclear Bank S.A./N.V.
("Euroclear") and the depositary bank for Clearstream Banking, société anonyme ("Clearstream, Luxembourg"), or (ii) in registered form (au nominatif)
and, in such latter case, at the option of the relevant Noteholder (as defined in "Terms and Conditions of the Notes - Form, Denomination, Title and
Redenomination"), in either fully registered form (au nominatif pur), in which case they will be inscribed in an account maintained by the Issuer or by a
registration agent (appointed in the relevant Final Terms) for the Issuer, or in administered registered form (au nominatif administré) in which case they will
Step-by-step explanation: