Economy, asked by shahuabid28, 6 months ago

A building society offers a low start mortgage of Rs. 40,000with 10 annual repayments
starting one year from the loan being taken out. The interest rate applying throughout will be
11 % per annum, but the repayments will only be Rs. 5000 per annum for the first five
years. What equal annual payments will be required in each of the last 5 years of mortgage?​

Answers

Answered by bbonchettykeerthana
1

Answer:

sorry I don't know the answer

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