This document outlines a loan repayment schedule for 1 lakh (100,000) rupees over 20 months with 10% interest. It shows the monthly installment amount, interest earned each month, and running total for both amount received and total amount including interest. By the end of the 20 month period, the borrower will have paid back a total of 87,625 rupees in installments and earned a total of 7,387.5 rupees in interest for a final total of 95,012.5 rupees received.
This document outlines a loan repayment schedule for 1 lakh (100,000) rupees over 20 months with 10% interest. It shows the monthly installment amount, interest earned each month, and running total for both amount received and total amount including interest. By the end of the 20 month period, the borrower will have paid back a total of 87,625 rupees in installments and earned a total of 7,387.5 rupees in interest for a final total of 95,012.5 rupees received.
This document outlines a loan repayment schedule for 1 lakh (100,000) rupees over 20 months with 10% interest. It shows the monthly installment amount, interest earned each month, and running total for both amount received and total amount including interest. By the end of the 20 month period, the borrower will have paid back a total of 87,625 rupees in installments and earned a total of 7,387.5 rupees in interest for a final total of 95,012.5 rupees received.
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