Math, asked by yug7116, 5 months ago

find diffrence between compound intrest and intrest on 4000 at 10% for 2 years​

Answers

Answered by hariniharini866
0

Answer:

200000000+3+&£_-+5_&-77766434689

Answered by suhanishikha001
1

you know that formula of compound interest = amount- principal and simple interest= principal× rate×time/100.

So, Frist find is compound interest

Principal for the first year = 4000×10×2/100 = 820

amount at end of first year = 4000+820=4820

interest for the second year= 4820×10×2 / 100 = 964

Amount for the two years =4820+964=5784

compound interest for three years = 820+964= 1784

simple interest= 4000×10×2/100

simple interest is 800

l hope it's help you

Similar questions