3. Find the area of the shaded region in each of the following figures, in which the dimensions
given are in centimetres
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Difference between Simple Interest and Compound Interest.
\huge✍︎\fbox\orange{ÂŇ}\fbox{SW} \fbox\green{ÊŘ}:✍︎
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Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan. The interest, typically expressed as a percentage, can be either simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates
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