In a Recurring Deposite Account, if P = Rs. 600; M.V. = Rs. 24930; r = 10% per annum, then the time (in years) for which the account is held will be .....

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In a Recurring Deposite Account, if P = Rs. 600; M.V. = Rs. 24930; r = 10% per annum, then the time (in years) for which the account is held will be ____

A	1 year
B	2 years
C	3 years
D	4 years

Explanation:

Detailed explanation-1: -Account in the Union Bank of India and deposited Rs 600 per month If the maturity value of this account is Rs

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