6. What is the difference between the simple interest and compound interest payable on a principal of 1250 rupees in 2 years at the rate
of 10 p.c.p.a.?
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Step-by-step explanation:
Answer:
there is voltage change when current through a circuit changes as u know that voltage is current cross resistance so its simple that resistance is constant but current changes cases voltage change ?
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Answer:
Simple interest is calculated on the principal,or original, amount of a loan
Compound interest is calculated on the principal amount and also on the accumulated interest of previous, and can thus be regarded as interest on interest
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