If the Rs. 7500 taken at 8% compound interest is to be repaid in equal annual installment of 3 years, find the approximate annual installment.

If the Rs. 7500 taken at 8% compound interest is to be repaid in equal

1.	If the Rs. 7500 taken at 8% compound interest is to be repaid in equal annual installment of 3 years, find the approximate annual installment.
A.	Rs. 3013
B.	Rs. 2867
C.	Rs. 2728
D.	Rs. 2910
Answer» E.

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If the Rs. 7500 taken at 8% compound interest is to be repaid in equal annual installment of 3 years, find the approximate annual installment.

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