What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest? - Study24x7
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Banking 2020
120 followers study24x7 16 Jan 2020 10:40 AM study24x7 study24x7

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

Banking
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