5. Ajit deposited * 200 per month in a bank for 6 months under the recurring deposit scheme. What
will be the maturity value

5. Ajit deposited * 200 per month in a bank for 6 months under the recurring deposit scheme. What
will be the maturity value of his deposits, if the rate of interest is 6% p.a. and the interest is
calculated at the end of every month? whose answer is 1223​

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