What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
- A
$550$
- B
$551.25$
- C
$560$
- D
$560.75$
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