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Manvi invested INR348,279 in a fixed deposit at 7.5% per annum. After two years, the bank increased the interest rate to 9% per annum, which
Manvi invested INR348,279 in a fixed deposit at 7.5% per annum. After two years, the bank increased the interest rate to 9% per annum, which would be applicable to the current fixed deposits as well. How much money will Manvi receive over her planned INR500,000? Pls explain the steps also.
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