What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest ?

What annual payment will discharge a debt of Rs. 6450 due in 4 year

1.	What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest ?
A.	Rs. 1400
B.	Rs. 1500
C.	Rs. 1550
D.	Rs. 1600
Answer» C. Rs. 1550

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What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest ?

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