2. Principal = 1000. Rate = 8% per annum. Fill in the following table and find
which type of interest (simple or compound) changed in direct proportion with
time period
1 year
Time period 1 year 2 year 3 year
Simple Interest (in ???????
Compound Interest (in) ??
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Answers
Answered by
1
Step-by-step explanation:
SI = p r t / 100 =
1000 * 8/100 * 1 = 80
1000 * 8/100 * 2 = 160
1000 * 8/100 * 3 = 240
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