Q: The price of a T.V. set worth Rs. 30000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be?
Options:
(A) 22678
(B) 26699
(C) 29000
(D) 19000
(E) 26711 Let's give some random thoughts before answering.

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
Money paid in cash = Rs. 1000
Balance payment = (30000 - 1000) = Rs. 29000
Therefore, the answer is (C).