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Mr. Naveen made a fixed deposit in a bank for a period of 6 years at an interest rate of 8% p.a. compounded annually. On

Mr. Naveen made a fixed deposit in a bank for a period of 6 years at an interest rate of 8% p.a. compounded annually. On maturity, he received an amount of Rs. 47,606.23. Find the amount of fixed deposit that he made with the bank.

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