Math, asked by vishnupriyasahu07, 5 months ago

Bank A provides loan at 5% per annum at simple
interest and Bank B provides loan at the same rate
for the same period, compounded annually. Then,
which bank is preferable for a person to take a
loan?​

Answers

Answered by Anonymous
0

Answer:Bank A provides loan at 5% per annum at simple interest and Bank B provides loan at the same rate for the same period, compounded annually. Then, which ...

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Answer: Bank A Solution: N//A More

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