The annual payment of Rs.1000 in 5 years at 4% per annum simple intere – McqOptions

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1.	The annual payment of Rs.1000 in 5 years at 4% per annum simple interest will discharge a debt of
A.	Rs.5440
B.	Rs.5400
C.	Rs.5600
D.	Rs.5800
Answer» C. Rs.5600

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