Question

(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​

Answer 1

Answer:

ok

Step-by-step explanation:

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