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Rahul has two plans to choose from. The first option promises to pay Rs. 5,00,000 at the end of 10 years if the investor deposits
Rahul has two plans to choose from. The first option promises to pay Rs. 5,00,000 at the end of 10 years if the investor deposits Rs. 25,000 annually for 10 years. The second scheme promises a lump sum of Rs. 4,00,000 at the end of five years on an annual deposit of Rs.50000 for 5 years. Rahul is confused as to which of the two schemes would give him better returns? Please suggest
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