Question
Quantity I: A person invested Rs. 20,000 in a scheme offering 10% per annum simple interest. After two years, he reinvested the amount and interest earned at a compound interest rate of 8% per annum for another two years. Find the total amount after four years. Quantity II: A sum of Rs. 18,000 is invested in a scheme that offers 15% compound interest, compounded annually, for three years. Find the amount after three years.
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