Problem: what annual payment will discharge a debt of rs . 1125 due in 2 years at the rate of 5 % compound interest ?
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"
annotated_formula: divide(multiply(power(add(divide(5, const_100), const_1), 2), 1125), 2)