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on january 1 2017 simon deposited rupees 30000 in a bank giving 9% interest compounded every 4 months.at the end of 4 months he deposited 5000 rupees.again after 4 months he deposited 10000 rupees . how much will he get back on january 1 2018?
1 answer
3k*1.03^3 + 5k*1.03^2 + 10k*1.03
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