A sum of Rs.6,000 is to be paid back in two equal annual instalments; each instalment is to be paid at the end of every year. How much is each instalment if the interest is compounded annually at 2% p.a.? (Rounded off up to two decimal places)

A

Rs.3,090.30

B

Rs.2,092.29

C

Rs.3,589.30

D

Rs.2,291.29