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A personal computer is priced at Rs . 6 0 , 0 0 0 . A dealer offers an instalment plan in which the customer

A personal computer is priced at Rs.60,000. A dealer offers an instalment plan in which the customer pays Rs.20,000 cash down and pays four equal instalments at the end of each quarter for 4 quarters, at 16% p:a. compounded quarterly. Find the amount of each instalment solve step by step

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