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Amalka is working for Pan Asia bank, and he has obtained a staff-loan worth Rs 800,000 at a concessionary interest rate of 5.5% per annum,

Amalka is working for Pan Asia bank, and he has obtained a staff-loan worth Rs 800,000 at a concessionary interest rate of 5.5% per annum, compounded annually. If the tenure of the loan is 4 years and Amalka is required to make annual loan installments, construct the loan amortization schedule. (Round off your workings always to the nearest rupee)

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