Andy takes a loan of $10000 from a bank for a period of 3 years at 10% annual rate of interest. Calculate his EMI(Equated Monthly Installment).
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114
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February 24, 2018
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Brian takes a loan of $20000 from a bank for a period of 2 years. If his EMI is $904.5, calculate the annual rate of interest at which he took the loan.
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129
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February 24, 2018
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The Equated Monthly Installment (EMI) for a certain sum of money is $212.47. Calculate the loan amount if the rate of interest is 10% for a period of five years.
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109
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February 24, 2018
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