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#1 Re: Jai Ganesh's Puzzles » 10 second questions » 2010-01-05 22:42:01

My question is Raj borrowed 3,00,000 at an intereset rate of 10% per annum compounded semi annually to be repaid in 5 equated annual installments. What will be equated annual installments.
Can youp please answer this with workings?

Raj

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