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What is status after two years if invested at point of time

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Question 1: The rate of interest offered by the fixed deposit of a bank for 365 days & above is 12% what is the status of RS. 20000 after 2 years if it is invested at this point of time?

a. Rs 28032

b. Rs 24048

c. Rs 22056

d. Rs 25088

Reference no: EM132498240

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