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Which option do you think would bring him higher amount

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Question - Mr. Shuja has savings of Rs. 500,000 and he has two options to make investment. Either he can invest for 4 years in investment company @10% per annum or he can invest in another company for 5 years @8.5% compounded semi-annually. Which option do you think would bring him higher amount?

Reference no: EM132944059

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