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Two investment options are available to Mr . X . The first option promises to pay Rs . 7 5 , 0 0 0 at

Two investment options are available to Mr. X. The first option promises to pay Rs.75,000 at the end of 8 years to investors who deposit Rs.50,000 at the end of 5 years on an annual deposit of Rs.7,000 for 5 years. Mr. X is confused as to which of the two schemes give him better returns? Please guide him.
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