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MAY 2025Foundation

If you deposit ₹4,000 into an account paying 6% annual interest compounded quarterly, how much approximate money will be in the account after 5 years? [Given that (1.015)²⁰ = 1.34489]

A

(A) ₹ 3387.42

B

(B) ₹ 4387.42

C

(C) ₹ 5387.42

D

(D) ₹ 6387.42

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