Math, asked by omprakash08, 6 months ago

Ahmed borrowed ₹8,000 at 10% per annum compounded annually for 1.5 years.
Farhan borrowed ₹8,000 at 10% per annum compounded half yearly for 1.5 years.
Who pays more interest and by how much?​

Answers

Answered by bhardwajmithlesh93
1

Answer:

farhan will pay more because both are borrowing miney at same percentage but farhan is borrowing for half yearly so he will pay more interest as compared to Ahmed

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