CUET Preparation Today
A loan of ₹200000 at the interest rate of 6% p.a. compounded monthly is to be amortized by equal payments at the end of each month for 5 years. The monthly payment is : [Given $(1.005)^{-60}=0.74137220$] |
₹1,866.57 ₹4,886.57 ₹3,866.57 ₹2,866.57 |
₹3,866.57 |
