A loan has to be returned in two equal yearly instalments each of Rs. 44,100. If the rate of interest is 5% p.a compounded annually, the total interest paid is:

A loan has to be returned in two equal yearly instalments each of Rs.

1.	A loan has to be returned in two equal yearly instalments each of Rs. 44,100. If the rate of interest is 5% p.a compounded annually, the total interest paid is:
A.	Rs. 6,000
B.	Rs. 6,280
C.	Rs. 5,840
D.	Rs. 6,200
Answer» E.

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A loan has to be returned in two equal yearly instalments each of Rs. 44,100. If the rate of interest is 5% p.a compounded annually, the total interest paid is:

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