Question: Mr. Mannan borrow Tk. 5,00,000 from a bank for purchasing a shop. If he pays annual equal installments for 10 years at 8% interest rate

Mr. Mannan borrow Tk. 5,00,000 from a bank for purchasing a shop. If he pays annual equal installments for 10 years at 8% interest rate on outstanding balance. Then what is the installment amount if he makes installment at the end of each year?

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6. Have you used solid reasoning in your argument?

8. Have you checked (and rechecked) your speech for logical fallacies? Have you addressed and removed any that youve identified?

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