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A man wishes to accumulate capital worth rs.50,4000 at the end of 3 years from now. if he can invest his savings at 5 per cent per annum compoundinterest, what equal sum must be put aside each year, beginning at the end of the first year, to obtain the required amount.

please give me the solution of this question ASAP

2
by gorabhalu

i guess the capital is not 50,4000 it is 50440, then the answer would come 16000

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