Math, asked by laxmirajput52, 6 months ago

3. Which will produce more money as interest
7000 lent for 6 years at 8% p.a. rate or
8000 lent for 5 years at 7% p.a. rate and by
how much?​

Answers

Answered by borhaderamchandra
3

Step-by-step explanation:

interest=(amount x rate x time)/100

i= (7000*6*8)/100

i=3360

another i=2800

so 6yr @8% gives more interest

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