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SBI Ltd has made an interesting offer on loans for all first - time buyers of a house having the following particulars: Loan amount: Rs

SBI Ltd has made an interesting offer on loans for all first

-

time buyers of a house having the following particulars:

Loan amount: Rs

1, 750, 000

Rate of interest:

4.8 %

per annum

(

Annualised Percentage Rate

)

Maturity period:

24

years

Calculate the monthly payment.

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