Kamal took 6800 as a loan which along with interest is to be repaid in – McqOptions

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1.	Kamal took 6800 as a loan which along with interest is to be repaid in two equal annual instalments. If the rate of interest is 121%, compounded annually, then the 2value of each instalment is
A.	8100
B.	4150
C.	4050
D.	4000
Answer» D. 4000

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