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Prepare the amortization schedule for this loan

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Reference no: EM133016175

Question - MIC Housing Finance Limited has to amortize a Rs. 526625, 20% annual compounding loan with 3 equal installments. Given the present value of annuity factor of Re. 1 for 3 years at 20% to be 2.1065, prepare the amortization schedule for this loan.

Reference no: EM133016175

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