A loan was repaid in two annual instalment of 1089 each. If the rate – McqOptions

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1.	A loan was repaid in two annual instalment of 1089 each. If the rate of interest be 10% per annum compounded annually, the sum borrowed was ?
A.	1840
B.	1890
C.	1850
D.	1860
Answer» C. 1850

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