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ICSE Class 10 Answered

A man has rd account his monthly installment is 600rupees and maturity value 2175 rupees and rate of interest is 6.5% find time till account is held
Asked by ananyak576 | 17 Jun, 2018, 10:02: PM
answered-by-expert Expert Answer
P = Rs. 600, Maturity Value = Rs. 2175, R = 6.5%
begin mathsize 16px style Pn plus Pn fraction numerator left parenthesis straight n space plus thin space 1 right parenthesis over denominator 2 cross times 12 end fraction equals 2175
600 straight n plus 600 fraction numerator straight n left parenthesis straight n space plus thin space 1 right parenthesis over denominator 2 cross times 12 end fraction equals 2175
Solving space this space we space get space the space value space of space straight n.
end style
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