Each of A and B both opened recurring deposit accounts in a bank. If A

1.	Each of A and B both opened recurring deposit accounts in a bank. If A deposited ₹ 1,200 per month for 3 years and B deposited ₹ 1,500 per month for 212 years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.
Answer» Each of A and B both opened recurring deposit accounts in a bank. If A deposited ₹ 1,200 per month for 3 years and B deposited ₹ 1,500 per month for $2 \frac{1}{2}$ years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.

Each of A and B both opened recurring deposit accounts in a bank. If A deposited ₹ 1,200 per month for 3 years and B deposited ₹ 1,500 per month for 212 years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.

Answer»

Each of A and B both opened recurring deposit accounts in a bank. If A deposited ₹ 1,200 per month for 3 years and B deposited ₹ 1,500 per month for $2 \frac{1}{2}$ years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.

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Each of A and B both opened recurring deposit accounts in a bank. If A deposited ₹ 1,200 per month for 3 years and B deposited ₹ 1,500 per month for 212 years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.

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