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Concerned due to the current pandemic situation, Shania wants to buy a farm-house away from the city by taking a loan for Rs. 85,00,000. A

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Concerned due to the current pandemic situation, Shania wants to buy a farm-house away from the city by taking a loan for Rs. 85,00,000. A lender offers her a 17-year loan with equal annual instalments of Rs. 9,50,000. Compute and state the interest Shania will be paying on the loan? (choose the closest correct answer) Select one: O a. 11.4554% b. 16.5464% O c.13.7453% O d. 8.3021%

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