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Time value of money... challenge

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(Querist)
22 January 2015 If 1,00,000 is invested every year for 10 yrs and the amount to be received after 13 years is 21,00,000... then what is the int rate???
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 January 2015 It will be around 8.50%....

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