#need the answer for this banking sum
2 messages · Page 1 of 1 (latest)
2 messages · Page 1 of 1 (latest)
Suresh has a recurring deposit account in a bank. He deposits ? 2000 per month and the bank pays interest at the rate of 8% per annum. If he gets 1040 as interest at the time of maturity, find in years total time for which the account was held.?