Find the different between the compound interest (compounded annuallly) and the interest on Rs2000 For 3 years at the rate of 8% per annum...
Asked by guptaarti827352 | 16th Jan, 2019, 11:20: AM
Here R = 8% , N = 3 years and P =Rs. 2000
Simple Interest =
Compound Interest = A - P = 519.424
Compound Interest - Simple Interest = 519.424 - 480 = Rs. 39.424
Answered by Yasmeen Khan | 16th Jan, 2019, 04:31: PM
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