beena has a cumulative deposit account rs.400 per month at 10% per annum simple interest. if she gets rs.30100 at the time of ma
turity, find the total time for which the account was held.
1 answer:
Answer:T=1.54yr
Step-by-step explanation:
Formulate for simple interest
I=prt/100
T=100I/pr
T=100×400×12/30100×10
T=1.54yr
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Step-by-step explanation:
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</u>
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