regulatoryBody RBI Assistant Prelims and Mains Mock Test 2023 Quantitative Aptitude Interest Installments
A woman borrows Rs. 7650 to be paid back with compound interest at the rate of 4% pa by the end of 2 years in two equal yearly installments. How much will each installment be?
1
4500
2
5055
3
4056
4
4455
5
None of the above