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Sir,pls solve this with explanation

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Rhea deposited Rs. 2,000 at the end of every month in a bank for four years. The rate of interest is 15% per year (you can assume that the annual interest rate can be converted to monthly rate by dividing the amount by 12). However, she forgot to withdraw the amount at the end of 4 years and withdrew it after a year; i.e. at the end of the 5th year. The accumulated amount at the end of 5 years will .
Replies (2)

ASSUMPTIONS: After the end of 4 years there are no deposits made by Ms.Rhea.

I give a detailed workings which you can find in the below excel file attachment.

Any queries you can text me.

Thank you.

Thank u so much sir

 


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