Question

11) Which will give better returns - 5600 for
8 years at 6% p.a. or 5000 for 10 years at the
rate of 5% p.a.?​

Answer 1

Answer:

Answer and Explanation:

The answer is it will take 14.095 years to triple your money at 8% compounded weekly, and 12.207 years at 9% compounded continuously.plz thank me me me plz plz

Answer 2

Answer:

Step-by-step explanation:

If we do by si

P*R*T

-----—

100

= 5600*6*8

—--------—

100

= 56*6*8

=2688 Rs

Si = P*R*T

-----------------

100

5600*5*10

------------------

100

56*5*10

= 2800

2800>2688

So profit is in the second one