Pocket Money - SEBI Investor Awareness Website - Securities and ...
Pocket Money - SEBI Investor Awareness Website - Securities and ...
Pocket Money - SEBI Investor Awareness Website - Securities and ...
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Table 1What is EMI?__________________________________________________Should Amrita pay 12 EMIs of Rs.110 each?__________________________________________________Table 2 : Reducing Balance MethodTheory-WiseEMI (EquatedMonthlyInstallment) is theamount that a borrowershould payevery month. So thatthe principal alongwith interest getsrepaid by the end ofthe period of the loan.85