Bob wants to purchase a Truck that will cost him $25000, He will deposit 25% of that amount as down payment at finance remaining @6.5% per annum. If…

Bob wants to purchase a Truck that will cost him $25000, He will deposit 25% of that amount as down payment at finance remaining @6.5% per annum.

If loan term is 10 year, what will be the monthly EMI.

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