Question

4. On what sum of money will compound
interest (payable annually) for 2 years be the
same as simple interest on 9,430 for
10 years, both at the rate of 5 percent per
annum
5. Kamal and Anand each lent the same sum of
money for 2 years at 596 at simple interest
and compound interest respectively. Anand
received 15 more than Kamal. Find the
amount of money lent by each and the interest
received.​

Answer 1

Answer:

I don't no please don't mind it