A sum of money is borrowed and paid back in two annual installments of Rs.882 each allowing 5% compound interest. The sum borrowed was :	Choose the correct choice from the following choices.
A) Rs.1620	B) Rs. 1640	C) Rs.1680	D) Rs.1700	E) Rs.1800
Principal = 882/(1+(5/100)) + 882/(1+(5/100)   = (882*20)/21+ (882*400)/441   =840 +800   = Rs.1640   ANSWER:Rs. 1640
<result>B</result>
A sum of money is borrowed and paid back in two annual installments of Rs.882 each allowing 5% compound interest. The sum borrowed was :