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Mr. Gulati has a Recurring Deposit Account of Rs. 300 per month. If the rate of interest is 12% and the maturity value of this account is Rs. 8,100, find the time (in years) of this Recurring Deposit Account.

Mr. Gulati has a Recurring Deposit Account of Rs. 300 per month. If the rate of interest is 12% and the maturity value of this account is Rs. 8,100, find the time (in years) of this Recurring Deposit Account.

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60787 Points
2 years ago
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