(b) Avinash plans to take a loan at 9% per annum for 1 year. He has two plans. Plan A: borrow at simple interest Plan B: borrow at compound interest. Which plan is better?
(i) Plan A
(ii) Plan B
(iii) Same interest has to be paid on both plans
(iv) Cannot be determined since the amount is not given
Answers
Answered by
1
Answer:
Step-by-step explanation:
Plan A is Better....
Answered by
0
Answer:
No plan b he get more money
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