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Mr. Ganesh wants to purchase a property worth 20,00,000 in Bangalore. His equity contribution is 2 lacs. SBI is willing to finance his purchase with

Mr. Ganesh wants to purchase a property worth 20,00,000 in Bangalore. His equity contribution is 2 lacs. SBI is willing to finance his purchase with a home loan @ 8.75% for the next 5 years. Find the annual installment.

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