CUET Preparation Today
Vishnu purchased a house from a company for ₹7,00,000 and make a down payments of ₹1,50,000. He repays the balance is 25 years by monthly installments at 9% compound monthly. What are monthly payments? [Given that $(1.0075)^{-300}=0.1062878338]$ |
₹4,615.58 ₹5,615.58 ₹6615.58 ₹4561.58 |
₹4,615.58 |
The correct answer is option (1) : ₹4,615.58 |
