Question

give one word ans
ii. The term EMI stands for​

Answer 1

Answer:

Hii mate here is ur answer

The term EMI stands for Equated Monthly installment

Answer 2

Answer:-

The word EMI stands for Equated Monthly Installment.

Explanation:-

It is a fixed payment to be paid by the borrower to the lander at a fixed date of a month.

Hope this helps!