Math, asked by ashish23722, 6 months ago

. A bank offers two rates of interest. One is 10% p.a. simple interest, while the other is
9.75% p.a. compounded annually. Which scheme will bring more interest on 64,000
invested for 2 years and by how much?

Answers

Answered by purimanish1999

3

Answer:

simple interest is more than compound interest

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