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David opened a recurring deposit account in a bank & deposited Rs. 300 per month for two years. If he received Rs.7,725 at the time of maturity, find the rate of interest per annum. |
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Answer» David opened a recurring deposit account in a bank & deposited Rs. 300 per month for two years. If he received Rs.7,725 at the time of maturity, find the rate of interest per annum. |
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