What annual installment will discharge a debt of Rs. 6450 due in 4 years at 5% s

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What annual installment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest = ?

Options:

A . Rs. 1500

B . Rs. 1835

C . Rs. 1935

D . Rs. 1950

Answer: Option A

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