Q124
Aman borrows Rs. 18,000 and undertakes to pay back with compound interest at a rate of 20% annually in two equal yearly instalments. The amount of each instalment is:
A.
Rs. 12,102.74
B.
Rs. 12,152.35
C.
Rs. 11,781.82
AnswerD.
Rs. 11,555.32
Answer: Option C
Solution
Answer: Option C
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