What annual payment will discharge a debt of Rs. 1025 due in 2 years a – McqOptions

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1.	What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
A.	Rs. 550
B.	Rs. 551.25
C.	Rs. 560
D.	Rs. 560.75
Answer» C. Rs. 560

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