Mathematics
If Vijay opened a recurring deposit account in a bank and deposited ₹800 per month for 1½ years, then the total money deposited in the account is
- ₹11400
- ₹14400
- ₹13680
- none of these
Banking
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Answer
Here,
P = money deposited per month = ₹800,
n = number of months for which the money is deposited = 1 x 12 + 6 = 18
Total money deposited by Vijay = ₹800 x 18 = ₹14400
∴ Option 2 is the correct option.
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