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Rajesh needs Rs 1,00,000/- for his son’s college fees after 4 years time.

Rajesh needs Rs 1,00,000/- for his son’s college fees after 4 years time. What amount shall he invest today for 4 years, so that it becomes Rs. 1,00,000 at maturity if ROI is @ 8% per annum, compounded Half yearly?

A.

73069.02

B.

75412.14

C.

77458.25

D.

69478.45

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