Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 10 Answered

Sheetal has recurring deposite account ina bank and deposites rupees 300 per month at the rate 7 percent per anum at the time of maturity she would recieve 7725 find time for which the account would be held......?????
Asked by amrithanspal786 | 20 Jan, 2019, 06:08: PM
answered-by-expert Expert Answer
begin mathsize 18px style Maturity space value equals Pn space plus fraction numerator straight P cross times straight n open parentheses straight n plus 1 close parentheses over denominator 24 end fraction cross times straight r over 100
7725 equals 300 straight n plus fraction numerator 300 cross times 7 cross times straight n open parentheses straight n plus 1 close parentheses over denominator 2400 end fraction
solving space we space get space straight n space equals 24 space months end style
Answered by Arun | 21 Jan, 2019, 09:50: AM
ICSE 10 - Maths
Asked by nilesh.dhote74 | 19 Apr, 2020, 10:27: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
Asked by pramod1970.2015 | 30 Mar, 2020, 03:03: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×