Equated Monthly Installment (EMI) is a term that one often uses in finances. It represents a certain fixed amount that is to be passed on by the borrower to the lender at the end of every month. This continues for some time until the repayment is fully complete. Understanding EMI is important because it provides the key information needed to learn about loans and how they work. Hence,... https://sudha61.wordpress.com/2024/12/16/understanding-emi-a-beginners-guide-to-equated-monthly-installments/