Q.
Answers (5)
1.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
2.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
3.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
4.
Equal Monthly Instalments - usually used when some thing is purchased on hire purchase mode...and the price is paid in instalments alongwith interest.....
Answered by Pradipta pati, 15 Dec '12 10:10 am
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
5.
Equated monthly installment is a kind of loan repayment along with interest.
Answered by Damodar Biswal, 15 Dec '12 10:05 am
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received