What annual payment will discharge a debt of Rs. 1125 due in 2 years at the rate of 5% compound interest?
Choose the correct choice.
A) 993.2 B) 551.25 C) 534.33 D) 605.03 E) 646.33

Rationale: "explanation : let each installment be rs . x . then , x / ( 1 + 5 / 100 ) + x / ( 1 + 5 / 100 ) 2 = 1125 820 x + 1125 * 441 x = 605.03 so , value of each installment = rs . 605.03 answer : option d"
Answer: D