Question

31. Statement A: Compound interest 1 point
formula can be used in situations like
increase of decrease in population,
the growth of bacteria when the rate
of growth is known, depreciation in
the values of machines at a given rate
Statement B: Compound Interest =
Amount + Principal​
a. both a and b are true
b.both a and b are false
c.a is true
d.b is true

Answer 1

Answer:

tion

e in population,

the growth of bacteria when the rate

of growth is known, depreciation in

the values of machines at a given rate

Statement B: Compound Interest =

Amount + Principal​

a. both a and b are true

b.both a and b a

Step-by-step explanation:

Answer 2

Answer:

According to me statement a is correct