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a ) ABC Ltd has a loan of Rs . 1 , 0 0 , 0 0 0 from a Bank at rate of 9

a) ABC Ltd has a loan of Rs.1,00,000 from a Bank at rate of 9% p.a. Company want to pay back money in 10 equal instalments. Draw the loan amortization schedule.
b) Perpetuity makes payments of Rs.500 every year, with the first payment coming one year from today. If the discount rate is 5%, what is the present value of the perpetuity?

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