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A trust caring for handicapped children …

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A trust caring for handicapped children gets 30,000 per month from its donors The trust spends half of the funds received for medical and educational care of the children and for that it charges 2% uf spent amount from them, and the deposits the balance amount is a private bank to get the money multiplied so that in the future the trust goes on functioning regularly What pcrccnt of intercst should thc trust get from the bank to get a total f 1,800 every month? Use matrix method Do you think people should donate to such trusts?

    • Posted by Ravi Prakash 7 years, 8 months ago

    CBSE > Class 12 > Mathematics
    • 0 answers
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