Mathematics for FinanceMTP Jun 24Question 1415 of 422
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What annual payment will discharge a debt of $770$ due in 5 years, the rate of interest being $5\%$ per annum SI ?

Options

A$150$
B$140$
C$130$
DNone of these
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Correct Answer

Option b$140$

All Options:

  • A$150$
  • B$140$
  • C$130$
  • DNone of these

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