Physics, asked by Anonymous, 1 year ago

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✴〰FULL FORM OF EMI〰✴
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assthha161: equated monthly installment
sonidwivedi0pcm98l: according to physics
sonidwivedi0pcm98l: electromagnetic induction is correct

Answers

Answered by Anonymous
8

HERE IS YOUR ANSWER

EQUATED MONTHLY INSTALLMENTS

An equated monthly installment (EMI)

is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full..

Answered by king02
8

Hey Dear !

=) Equated monthly installments .

Explanation :- An EMI is a fixed installment sum made by a borrower to a moneylender at a predefined date each timetable month .

Hope , It Helps .


assthha161: nice
king02: Thanks :-)
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