What is the amount of equal installment, if a sum of Rs. 1428 due 2 years hence has to be completely repaid in 2 equal annual installments starting next year?.

What is the amount of equal installment, if a sum of Rs. 1428 due 2 ye

1.	What is the amount of equal installment, if a sum of Rs. 1428 due 2 years hence has to be completely repaid in 2 equal annual installments starting next year?.
A.	700
B.	800
C.	650
D.	cannot be determined
Answer» E.

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What is the amount of equal installment, if a sum of Rs. 1428 due 2 years hence has to be completely repaid in 2 equal annual installments starting next year?.

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