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Mr. Bajaj needs Rs 30,000 after 2 years. What least money (in multiple of Rs 5) must he deposit every month in a recurring deposit account to get required money at the end of 2 years, the rate of interest being 8% p.a. ? |
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Answer» Mr. Bajaj needs Rs 30,000 after 2 years. What least money (in multiple of Rs 5) must he deposit every month in a recurring deposit account to get required money at the end of 2 years, the rate of interest being 8% p.a. ? |
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