What annual payment will discharge a debt of Rs 1025 due in 2 years at – 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 560
B.	Rs 551.25
C.	Rs 560.75
D.	Rs 550
Answer» C. Rs 560.75

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