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A bank pays 8% per annum interest compounded quarterly. Find equal deposits to be made at the end of each quarter for 10 years

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A bank pays 8% per annum interest compounded quarterly. Find equal deposits to be made at the end of each quarter for 10 years to have Rs 30,200? [(1.02)40 = 2.2080]

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Here A = Rs 30200, i = \(\frac{8}{100}\)

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