A sum of Rs. 6,000 is to be paid back in two equal annual installments; each installment is to be paid at the end of every year. How much is each installment if the interest is compounded annually at 2% p.a.? (Rounded off up to two decimal places)
1
Rs. 2,092.29
2
Rs. 3,090.30
3
Rs. 2,291.29
4
Rs. 3,589.30