A Government constructed housing flat costs Rs 1,36,000; 40% is to be paid at the time of
Fantastic news! We've Found the answer you've been seeking!
Question:
A Government constructed housing flat costs Rs 1,36,000; 40% is to be paid at the time of possession and the balance, reckoning compound interest at the rate of 9% p.a, is to be paid in the 12 equal annual instalments, Find the amount of each such instalment. [Given = (1.09)12 = 0.3558]
Expert Answer:
Posted Date:
