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Test # 94


1.
A bank offers 20% interest rate compounded half yearly. A man deposits Rs 5,000 at the start of every year. If he plans to withdraw Rs 10,000 at the end of 2nd year and no withdrawals afterwards, What will be the amount held in his account after 3 years?

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upshot of (something)
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The upshot of the meeting was that we would no longer continue to keep the store open.

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