A payment of Rs 7500 on 5% compound interest is to be deposited in equal annual installments in 3 years. Find the amount of each installment.

A payment of Rs 7500 on 5% compound interest is to be deposited in equ

1.	A payment of Rs 7500 on 5% compound interest is to be deposited in equal annual installments in 3 years. Find the amount of each installment.
A.	Rs. 4257
B.	Rs. 2574
C.	Rs. 2457
D.	Rs. 2754
Answer» E.

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A payment of Rs 7500 on 5% compound interest is to be deposited in equal annual installments in 3 years. Find the amount of each installment.

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