1.

Rekha borrowed a sum of Rs. 24,000 at 12% p.a. compound interest. interest compounded yearly, for 3 years. At the end of first year, she repays a sum of Rs. 6,880 and at the end of second year, she repays Rs. 5,400. What amount should she pay at the end of third year to discharge the loan?

A. Rs. 19,180
B. Rs. 18,860
C. Rs. 19,040
D. Rs. 19,000
Answer» D. Rs. 19,000


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