A loan of Rs 1,00,000 is to be paid in five equal instalments, interest being 5% per annum compounded annually and first instalment being made after one year.

A loan of Rs 1,00,000 is to be paid in five equal instalments, interest being 5% per annum compounded annually and first instalment being made after one year. Analyse the payment in to those on account of interest and an account of amortization of the principal.

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A loan of Rs 1,00,000 is to be paid in five equal instalments, interest being 5% per annum compounded annually and first instalment being made after one year.
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