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    ROI / IRR / CAGR - Finance Industry ?

    Say I Finance 75 vehicles Initial Capital : = 75 vehicles * 180,000 Lac per vehicle = 13,500,000 Rate of Interest : 1.3% per month However Calculation practise in the Industry is such that for 36 months : Interest : 1.3% * 36 * 180,000 = 84,240 EMI Amount : (84,240 + 180,000) / 36 = 7340 So...