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ABC, Inc., has a Rs.150,000 mortgage liability. The mortgage is payable in monthly installments of $1800 which include interest computed at an annual rate of

ABC, Inc., has a Rs.150,000 mortgage liability. The mortgage is payable in monthly installments of $1800 which include interest computed at an annual rate of 12 percent (1 percent monthly). What is the amount of unpaid balance at the end of 1st year.Immersive Reader (2 Points) Rs. 150,000

Rs. 149,397

Rs. 149,700

Rs. 149,000

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