installment price is equal to
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Step-by-step explanation:
The equation to find the monthly payment for an installment loan is called the Equal Monthly Installment (EMI) formula. It is defined by the equation Monthly Payment = P (r(1+r)^n)/((1+r)^n-1). ... This is the monthly interest rate associated with the loan.
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Answer:
Installment price
Step-by-step explanation:
insta
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