Find the difference between the compound interest and the simple interest on
2 30.000 at 7% per annum for three years.
Answers
Answered by
0
Answer:
CI-SI=280.54989
Step-by-step explanation:
CI-SI=A-P-SI
=P(1+r/100) -1- NR/100
=230(1+7/100) -1-7*3/100
CU-SI=280.54989
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