What annual payment will discharge a debt of Rs 7620 in 3 years at \(1 – McqOptions

MCQOPTIONS

1.	What annual payment will discharge a debt of Rs 7620 in 3 years at \(16\frac{2}{3}\% \) per annum compound interest?
A.	Rs 2120
B.	Rs 2670
C.	Rs 3430
D.	Rs 3850
Answer» D. Rs 3850

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