Math, asked by pratham1388, 8 months ago

Calculate the difference between the simple interest and compound

interest on ₹ 2500 for 2 years at 4 % per annum, compound interest

being calculated annually.

Answers

Answered by Sneha9708
1

Hope it helps.........

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Answered by shreya200723
0

answer ::

Simple interest is calculated on principal or original amount of a loan. compound interest is calculated

on the principal amount and also on accumulated interest of previous period and can thus regarded as interest on interest.

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