What annual payment will discharge a debt of Rs.6450 due in 4 yr. at 5 – McqOptions

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

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