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You are given the option of investing Rs. 5,000 now and receiving a payments of Rs. 5300 at the end of year 4 and a payment of Rs. 5,500 at the end of year 10. The rate of return on your investment would be approximately
11.30%
12.60%
16.40%
19.20%
12.60%
Practice and solve "You are given the option of investing Rs. 5,000 now and receiving a payments of Rs. 5300 at the end ..." for Electrical - Economics for Engineers. The correct answer is Option B: 12.60%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(b) **