1.

Mrs. Sarojini deposits Rs1600 per month in a Cumulative or Recurring Deposit Account at 9% p.a. simple interest. If she gets Rs 65,592 at the time of maturity, find the total time for which account was held? [4 MARKS]

Answer» Mrs. Sarojini deposits Rs1600 per month in a Cumulative or Recurring Deposit Account at 9% p.a. simple interest. If she gets Rs 65,592 at the time of maturity, find the total time for which account was held?
[4 MARKS]


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