Suppose you are planning to start a fish can production business. In first year, you will sell 3000 fish can and each can will sell for 120 takas. Due to future market competition you decide to continue with your first years pricing strategy up to three years. For starting this business, you will need 20 lakh takas. Your father decides to provide you with 5 lakh takas, and you decide to take the remaining amount from a bank. The interest rate on the loan is 9 percent per year. You are going to repay the loan by making equal annual payments for five years. What will be your annual repayment amount? (Kindly note that you must show detailed calculation process. Without a detailed calculation process marks will be deducted. Excel calculation will be ignored.)