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Question No.2...C (7marks) A demand finance limit of Rs.900,000/- has been disbursed to borrower for period of one year(01.7.20 to 30-6-21) at Markup Rate of

Question No.2...C (7marks)
A demand finance limit of Rs.900,000/- has been disbursed to borrower for period of one year(01.7.20 to 30-6-21) at Markup Rate of 15 % per annum. It has been agreed that borrower will repay entire loan on bimonthly (after every two months) equal installment basis. Prepare repayment schedule for this finance
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Question No.2...C (7marks) A demand finance limit of Rs.900,000/- has been disbursed to borrower for period of one year(01.7.20 to 30-6-21) at Markup Rate of 15 % per annum. It has been agreed that borrower will repay entire loan on bimonthly (after every two months) equal installment basis. Prepare repayment schedule for this finance

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