Rekha opened a recurring deposit account for 20 months. The rate of interest is 9% per annum and Rekha receives ₹441 as interest at the time of maturity. Find the amount Rekha deposited each month.

Mr. Sonu has a recurring deposit account and deposits ₹750 per month for 2 years. If he gets ₹19,125 at the time of maturity, find the rate of interest.

A recurring deposit is also known as:

1. maturity deposit

2. cumulative time deposit

3. regular saving deposit

4. investment fund deposit

In a recurring deposit (R.D.):

1. a person gets the same interest every month

2. a person gets the same maturity amount every year

3. a person deposits the same amount every month

4. the government deposits an amount equal to the interest every year.