Respuesta :
Answer:
Option B is the answer.
Step-by-step explanation:
The formula for EMI is :
[tex]\frac{p\times r\times (1+r)^{n} }{(1+r)^{n} -1}[/tex]
Here p = 162000
r =[tex]5.15/12/100=0.004292[/tex]
n = [tex]30\times12=360[/tex]
Now putting the values in the formula we get,
[tex]\frac{162000\times 0.004292\times (1+0.004292)^{360} }{(1+0.004292)^{360} -1}[/tex]
[tex]\frac{162000\times 0.004292\times (1.004292)^{360} }{(1.004292)^{360} -1}[/tex]
= $884.60 close to option B.
So, option B is the answer.
