GATE Chemical 2017 | Question: 53
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GATE Chemical 2017 | Question: 53

GATE Chemical 2017 | Question: 53
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A bond has a maturity value of $20,000$ Rupees at the end of $4$ years. The interest is compounded at the rate of $5\%$ per year.

The initial investment to be made, rounded to the nearest integer, is ___________ Rupees.
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