Mrs. Notaria deposits Rs 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value.

Rs 40440

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Rs 40550

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Rs 40620

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Rs 40200

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Solution

The correct option is A
Rs 40440

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Mrs. Notaria deposits Rs 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value.

The correct option is A Rs 40440

The correct option is A
Rs 40440