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Question

A borrows Rs 5000 from B at 8% p.a compound interest

compounded annually. At the end of every year he pays Rs 2000 and at the end of 3rd years he pays all the amount, how much amount does he pay at the end of the 3rd year?

A Rs. 2272

B Rs. 1805.76

C Rs. 4513.75

D Rs. 3800

E Rs. 4235

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