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Management Sciences
MEDIUM
ENGLISH
Management Sciences
You need Rs. 10,000 to buy a new television. If you have Rs. 6,000 to invest at 5 percent compounded annually, how long will you have to wait to buy the television?
A
8.42 years
Option A
10.51 years
Correct answer
C
15.75 years
Option C
D
18.78 years
Option D
Correct answer: B
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