Math, asked by priyanga113, 10 months ago

compound intrest and simple intrest ?

Answers

Answered by code30pcs

0

Answer:

Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period. Since simple interest is calculated only on the principal amount of a loan or deposit, it's easier to determine than compound interest.

Answered by RomeoRohit

2

PRT/100 =simple interest

compound interest =p (1+r/n)^nt

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