briefly explain me what is instalment
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Answer:
here is your answer friend
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Explanation:
An instalment (or installment in American English) usually refers to either: A sum of money paid in small parts in a fixed period of time. A single payment within a staged payment plan of a loan or a hire purchase (installment plan)
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Explanation:
any of several parts into which a debt or other sum payable is divided for payment at successive fixed times:
to pay for furniture in monthly installments.
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