Math, asked by priya3442, 4 months ago

2. Principal =* 1000, Rate = 8% per annum. Fill in the following table and find
which type of interest (simple or compound) changes in direct proportion with
time period.
Time period
1 year 2 years 3 years
Simple Interest (in)
Compound Interest (in 5)​

Answers

Answered by aashi1126
0

Answer:

Given that Principal (P) = 1000 and Rate (r) = 8% per annum(per year).

Calculating the Simple Interest:

Formula for the simple interest is =

.

So, for 1 year:

.

for 2 years:

.

similarly for 3 years:

.

Calculating the Compound Interest :

The formula for the compound interest is

.

So for 1 year:

.

for 2 years:

.

similarly for 3 years:

.

Hence we have

case of simple interest

Simple interest is directly proportional with time.

While in case of compound interest:

does not give the same constant.

Compound interest is not directly proportional with time.

HOPE IT'S HELP u

Answered by BadBoyYash06
0

Answer:

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