question_answer

A man borrows Rs. 9000 at 15% compound rate of interest. He pays back Rs. 3000 at the end of each year to clear his debt. The amount that he should pay to clear all his dues at the end of third year is

A)  Rs. 6005.5                   

B)  Rs. 5555.5

C)  Rs. 5452.5                   

D)  Rs. 4452.5

E)  None of these