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How much money will you have in your savings fund account at the end of 10 years if you invest Rs. 15,000 every year. Assume
How much money will you have in your savings fund account at the end of 10 years if you invest Rs. 15,000 every year. Assume that the savings fund provides an interest of 8.5%. If you want the amount calculated above is received by investing a lump sum today instead of investing money every year, how much would you have to deposit today, assuming the same interest rate and time period
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