Question
A man wishes to buy a Government House valued at Rs 1,00,000. He will have to pay 20% initially and the balance with compound interest
A man wishes to buy a Government House valued at Rs 1,00,000. He will have to pay 20% initially and the balance with compound interest in 20 equal annual instalments. If the rate of interest be 12% p.a., then what will be the amount of his annual instalments? [Given (1.12)20 = 0.1037]
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Introduction to Wireless and Mobile Systems
Authors: Dharma P. Agrawal, Qing An Zeng
4th edition
1305087135, 978-1305087132, 9781305259621, 1305259629, 9781305537910 , 978-130508713
