maths project- Conduct a study on different accounts and calculation of interest in recurring deposit account.
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The interest on the recurring deposit account can be calculated by using the formula: n (n+1) r I = P* 2*12 *100 Where I is the (simple) interest, P is the money deposited per month, n is the number of months for which the money has been deposited and r is the (simple) interest rate percent per annum. The maturity value on a recurring deposit
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