CUET UG Math 30 Aug 2022 Shift 2

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Question : 36 of 50
 
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Mr. Dev wishes to purchase an AC for Rs. 45, 000 with a down payment of Rs. 5000 and balance in EMI for 5 years. If Bank charges 6% per annum compounded monthly then monthly EMI is:
(. use 0.0051−(1,005)−60=0.0194)
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