Answer:
The correct answer is option A.
Step-by-step explanation:
The EMI formula is ::
[tex]\frac{p*r*(1+r)^{n} }{(1+r)^{n}-1 }[/tex]
Here,
p = 139000
r = [tex]6.45/12/100=0.005375[/tex]
n = [tex]30*12=360[/tex]
Now, putting these values in formula we get,
[tex]\frac{139000*0.005375*(1+0.005375)^{360} }{(1+0.005375)^{360}-1 }[/tex]
[tex]\frac{139000*0.005375*(1.005375)^{360} }{(1.005375)^{360}-1 }[/tex]
= $874.01
Therefore, option A is the answer.
