Ramesh takes a loan of Rs. 150000 at an interest rate of 20% compound interest, which is compounded annually. He agrees to pay three equal installments in three years, one installment at the end of every year. Find the value of each installment (approx).
1
Rs. 71209
2
Rs. 68349
3
Rs. 76484
4
Rs. 72904
5
None of these