A person borrowed a sum of Rs 9000 at a rate of 10% per annum interest compounded annually. He repaid an amount of Rs 1900 at the end of the first year. Find the amount that he has to pay at the end of the next two years in order to repay the rest of the loan completely in a single instalment.
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A person borrowed a sum of Rs 9000 at a rate of 10% per annum interest compounded annually. He repaid an amount of Rs 1900 at the end of the first year. Find the amount that he has to pay at the end of the next two years in order to repay the rest of the loan completely in a single instalment.
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