A student deposits Rs in the first month of a saving scheme and increases the deposit…
MATHEMATICS · Single correct · A Level · Mathematics · Sequences and series · Sequences and series
Problem
A student deposits Rs 500 in the first month of a saving scheme and increases the deposit by Rs 20 every succeeding month. Calculate the total amount deposited in the first 12 months.
(a) Rs 7440
(b) Rs 7200
(c) Rs 7560
(d) Rs 7320