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}You want to join a health club. The annual membership fees are Rs.30,000. However, if you pay two-years membership fees upfront, then you need to

}You want to join a health club. The annual membership fees are Rs.30,000. However, if you pay two-years membership fees upfront, then you need to pay only Rs.50,000. Which option will you choose? Assume that you have enough money in your bank and the rate of interest is 9%.

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