A bill falls due in 1 year.The creditor agrees to accept immediate pay – McqOptions

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1.	A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?
A.	1200
B.	3000
C.	3600
D.	1300
Answer» D. 1300

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