[Video Solution] Mr. Dev wishes to purchase an AC for Rs. 45,000 with a down payment of Rs. 5,... | ASPIRE STUDY

Name: [Video Solution] Mr. Dev wishes to purchase an AC for Rs. 45,000 with a down payment of Rs. 5,... | ASPIRE STUDY
Uploaded: 2026-04-10T16:44:13+00:00
Description: Mr. Dev wishes to purchase an AC for Rs. 45,000 with a down payment of Rs. 5,000 and balance in EMI for 5 years. If Bank charges 6% per annum compounded monthly, then monthly EMI is (use 0.005/1-(1.005)^-60=0.0194) | Watch the step-by-step video solution for this NIMCET PYQ.

Mr. Dev wishes to purchase an AC for Rs. 45,000 with a down payment of Rs. 5,000 and balance in EMI for 5 years. If Bank charges 6% per annum compounded monthly, then monthly EMI is (use 0.005/1-(1.005)^-60=0.0194) | Watch the step-by-step video solution for this NIMCET PYQ.

Published: 2026-04-10T16:44:13+00:00 Thumbnail: Open Page: https://www.aspirediary.com/library/video/17268/mr-dev-wishes-to-purchase-an-ac-for-rs-45-000-with-a-down-payment-of-rs-5

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