A man, borrow Rs 21000 at 10% compound interest. How much he has to pay annually

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A man, borrow Rs 21000 at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years ?

Options:

A . Rs. 12000

B . Rs. 12100

C . Rs. 12200

D . Rs. 12300

Answer: Option B

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