Question

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1
Section E
Varun is an engineering student. He wants to purchase a scooter after 2 years
when he complete the studies) which will costs him Rs 60000 then. He works
part time in a petrol pump and had earned Rs 50000. He plans to invest this
amount for 2 years.
1) If he invests that amount for 2 years at 10% per annum compound
3
interest, Will he be able to purchase the scooter after 2 years without
any loans?​

Answer 1

Step-by-step explanation:

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