Mathematics
Pramod deposits ₹ 600 per month in a Recurring Deposit Account for 4 years. If the rate of interest is 8% per year; calculate the maturity value of his account.
Related Questions
Ritu has a Recurring Deposit Account in a bank and deposits ₹ 80 per month for 18 months. Find the rate of interest paid by the bank if the maturity value of this account is ₹ 1554.
The maturity value of a R.D. Account is ₹3,320. If the monthly instalment is ₹400 and the rate of interest is 10%; find the time (period) of this R.D. Account.