Question

Difference between ci and si for 3 years formula

Answer 1

Answer:

hey mate

Step-by-step explanation:

here is your answer

solution

Formula for Compound intrest (CI)

$pci \: = \: p(1 + \frac{r}{100} )$

Formula for simple interest (SI)

$psi \: = p(1 + \frac{nr}{100} )$

Therefore the difference is

PSi-PCi

$= p {((1 + \frac{r}{100} )}^{n} - (1 + \frac{nr}{100} ))$

if you subract n= 2 and n = 3 into this formula and expand out the bracket you will get the formula

$thanku$