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
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