A loan of Rs 8400 is to be paid in two equal half - yearly installment – McqOptions

MCQOPTIONS

1.	A loan of Rs 8400 is to be paid in two equal half - yearly installment the interest being charged at 10% per annum compounded half - yearly . Find each installment( approx ).
A.	Rs 4450
B.	Rs 4400
C.	Rs4850
D.	Rs4500
Answer» E.

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