Mathematics
Sheela has a recurring deposit account in a bank of ₹ 2000 per month at the rate of 10% per annum. If she gets ₹ 83100 at the time of maturity, find the total time (in years) for which the account was held.
Related Questions
Mrs. Karna has a recurring deposit account in Punjab National Bank for 3 years at 8% p.a. If she gets ₹ 9990 as interest at the time of maturity, find :
(i) the monthly instalment
(ii) the maturity value of the account.
A man has a 5 year recurring deposit account in a bank and deposits ₹ 240 per month. If he recieves ₹ 17,694 at the time of maturity, find the rate of interest.
A man deposits ₹ 900 per month in a recurring account for 2 years. If he gets ₹ 1800 as interest at the time of maturity, find the rate of interest.