What equal instalment of annual payment will discharge a debt which is due as 848 at the end of 4 years at 4% per annum simple interest ?

What equal instalment of annual payment will discharge a debt which is

1.	What equal instalment of annual payment will discharge a debt which is due as 848 at the end of 4 years at 4% per annum simple interest ?
A.	212
B.	200
C.	250
D.	225
Answer» C. 250

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What equal instalment of annual payment will discharge a debt which is due as 848 at the end of 4 years at 4% per annum simple interest ?

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