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How much money invested at compound interest will yield Rs. 6350.40 at the end of 3 years? For the first year the rate of interest is 5%; for second year it increases to 12% and for third year it decreases to 8%.

  • A.Rs. 5800
  • B.Rs. 5500
  • C.Rs. 6000
  • D.Rs. 5000

Answer: D

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