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Question

Rishi deposits Rs 250 per month for a period of 72 months in a recurring deposit account at the rate of 4.5% p.a. find the amount he gets on maturity


  1. Rs 20003.25

  2. Rs 20463.75

  3. Rs 20463.75

  4. Rs 20488.25


Solution

The correct option is C

Rs 20463.75


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