CATArithmetic > MediumEntered answer:✅ Correct Answer: 20920Related questions:CAT 2018 Slot 1John borrowed Rs.2,10,0002,10,0002,10,000 from a bank at an interest rate of 10%10 \%10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., isCAT 2023 Slot 2Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest toCAT 2021 Slot 1Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹806.25₹ 806.25₹806.25 and ₹866.72,₹ 866.72,₹866.72, respectively, the interest accrued, in INR, during the fourth year is nearest to