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Sunil is valuating 2 investment proposals: i) Invest Rs. 3 lacs for 5 years earn an interest of 8% compounded quarterly. ii) Investment of Rs.
Sunil is valuating 2 investment proposals:
i) Invest Rs. 3 lacs for 5 years earn an interest of 8% compounded quarterly.
ii) Investment of Rs. 20,000 per year for 5 years @ 10% compounded quarterly.
Which option should he go for and why?
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