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Multiple choice

Mrs. S deposited Rs. $1,00,000$ in a nationalized bank for $3$ years. If the rate of interest is $7\%$ p.a., Interest is compounded annually. Calculate the amount at the end of third year (i.e., Principal $+$ compound interest)

  1. $1,22,504.03$
  2. $1,02,504.30$
  3. $1,22,505.30$
  4. $1,22,405.30$
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