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Question 3: 5 Marks Miracle Automotive borrowed INR 200,000 at 10 percent for 5 years. The loan is payable in five equal instalments at the

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Question 3: 5 Marks Miracle Automotive borrowed INR 200,000 at 10 percent for 5 years. The loan is payable in five equal instalments at the year-end. What is the equal annual instalment that will completely amortize the loan over 5 years

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