Abdul, Bindu and Charles deposit the same amount of money in the bank for a year. I) Abdul gets a simple interest of 10% on the amount. II) Bindu gets a compound interest of 10% on the amount, compounded annually. III) Charles gets a compound interest of 10% on the amount, compounded semi-annually. Who will get the same amount of money at the end of the year?
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1
Answer:
abdul and bindu will get same amount
Step-by-step explanation:
CI amd SI are same for 1st year provided that rate, time period and principal is same
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Answer:
it,,,, did not now about I don't know I have to sign in sorry
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