ASAP

7. Two banks are offering loan facility of Rs. 50,000 with an interest rate of 15% p.a. for a period of 5 years. Bank A offers the facility with interest rate of 15% p.a. with annual compounding and annual installment and Bank B with semiannual compounding and semiannual payment. You are required to calculate the Installment amount and also the principal paid in the third installment for both options