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Saurabh contributes Rs.

Saurabh contributes Rs. 10,000 every year starting from the end of the 5th year from today till the end of 12th year in the account that gives a ROI of 7.75% p.a. compounded half yearly. Calculate the Present Value of his contribution today.

A.

39441

B.

39800

C.

42557

D.

36500

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