IAI CM1
IAI Subject CM1 — Actuarial Mathematics (Institute of Actuaries of India)
Equation Of ValueEnglish
Exam overviewPractice session
A loan of ₹100,000 is repaid by level annual instalments over 5 years at 8% per annum effective. What is the annual instalment? (a_5 at 8% = 3.9927)
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