Ashima has a Cumulative or Recurring Deposit Account in a bank for 5 y – InterviewSolution

1.	Ashima has a Cumulative or Recurring Deposit Account in a bank for 5 years at 9% p.a. At the time of maturity, she gets Rs 51,607.50. Find the monthly instalment. [3 MARKS]
Answer» Ashima has a Cumulative or Recurring Deposit Account in a bank for 5 years at 9% p.a. At the time of maturity, she gets Rs 51,607.50. Find the monthly instalment. [3 MARKS]

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