💸 **EMI – Class 12 Applied Maths | Part 1 | Meaning, Formula & First Principles**

Описание: *Welcome to Part 1* of the EMI (Equated Monthly Installment) series with *ANISH SIR* – your go-to guide to understanding the real-life concept of *EMIs* through clear logic, relatable examples, and board-focused explanations.

In this session, we lay the foundation by decoding *how EMI works**, **why it matters in real life**, and **how it’s derived mathematically* using **present value and interest concepts**. A perfect start for Class 12 CBSE & CUET aspirants!

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📌 *What’s Covered in This Class (Part 1):*

✅ *Meaning of EMI* – What it is and where it is used
✅ Real-life examples of *home loans, education loans, car loans*
✅ *Concept of present value* and *installment breakdown*
✅ Derivation of EMI formula using the idea of *equal installments*
✅ Introduction to the *standard EMI formula* used in exams
✅ Understanding the terms – *Principal, Rate, Time, EMI, Interest*

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🎯 *Why You Should Watch Part 1:*

📍 Builds *real-world financial awareness* using maths
📍 Sets a strong base for *formula-based problem solving*
📍 Aligns with *CBSE Board pattern* and *CUET-style MCQs*
📍 Clears all confusion around *PV, rate conversions, and formulas*
📍 Makes you confident to solve EMI questions *with logic, not mugging*

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🧠 *Anish Sir’s Tip:*

"EMI isn’t just a formula – it’s a mindset! Think like a bank to understand how it works."

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📚 *Support Material & Practice:*

📲 [WhatsApp Channel – EMI Concept Charts + Practice Alerts](https://whatsapp.com/channel/0029Va4h...)
📘 [Telegram Group – EMI Formula Sheet + NCERT PDF](https://t.me/mathsbyanish)
📱 [Namann App – EMI Worksheets + Tests](https://play.google.com/store/apps/de...)

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🚀 *Coming Up in Part 2: Full Derivation of EMI Formula + Direct Questions Practice*
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