Question: A person keeps ` 4 , 5 0 0 in each of investment options, I 1 and I 2 , for 5 years. I 1

A person keeps `4,500 in each of investment options, I1
and I2
, for 5 years. I1
provides 8% simple
interest rate per annum where as I2
provides 6% interest rate compounded yearly. What will be
the maturity values of these two investments?

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