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Q 4. In year 1970, your grandfather deposited Rs 2500 into a fixed deposit account in Habib Bank Limited of Pakistan (HBL) to be paid

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Q 4. In year 1970, your grandfather deposited Rs 2500 into a fixed deposit account in Habib Bank Limited of Pakistan (HBL) to be paid to you 50 years later, in the year 2020. How much will this fixed amount be worth in 2020 if it has been earning: i. 6% ii. 8% iii. 10%

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