A man borrows Rs. 2100 and undertakes to pay back with compound interest @ 10%…

TCS · 2024

A man borrows Rs. 2100 and undertakes to pay back with compound interest @ 10% p.a. in 2 equal yearly installments at the end of the first and second year. What is the amount of each installment?

  1. A.

    1200

  2. B.

    1210

  3. C.

    1300

  4. D.

    1310

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