Math, asked by lakshmit3660, 3 months ago

find the difference between si and ci for 16000 for 2 years at 9% per annjm ccompounded annually

Answers

Answered by prasanthikuchipudi

1

Answer:

1296

Step-by-step explanation:

SI for 2 year at 9%= 2*9=> 18%

CI for 2 year at 9% formula

2R+R^2/100

18+9^2/100=18.81%

Difference 18.81-18=0.81%

0.81% of 16000 = 1296

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