Komal has a recurring deposit account in a post office of Rs 500 per month at the rate of 9% per annum for 4 years. Find the maturity value.

Rs 20000

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Rs 24000

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Rs 25600

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Rs 28410

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Solution

The correct option is D
Rs 28410

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Komal has a recurring deposit account in a post office of Rs 500 per month at the rate of 9% per annum for 4 years. Find the maturity value.

The correct option is D Rs 28410

The correct option is D
Rs 28410