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In a bank, deposits can be made for periods ranging from 6 months to 10 years. Every quarter, an interest will be added on

In a bank, deposits can be made for periods ranging from 6 months to 10 years. Every quarter, an interest will be added on to the principal. The rate of interest applied is 9% per annum for periods from 12 months to 23 months and 10% per annum for periods from 24 months to 120 months. An amount of 1,000 invested for 2 years to grow, will be nearly

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