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A sum of ₹5,20,000 is invested at compound interest for 2 years, interest compounded annually. The rate of interest is 7.5% per annum for the first year and 8.4% per annum for the second year. The amount after 2 years will be:
- A₹6,04,695
- B₹6,05,956
- C₹6,07,880
- D₹6,02,680
Correct answer: B