Math, asked by abc542, 4 months ago

For the principal P and interest rate 5 % per annum, you are calculating simple interest and compound interest (compounded annually). After 40 days, which one will be more, simple or compound interest?

(A) Simple interest

(B) Compound interest

(C) Both will be equal

(D) Can't say, since principal amount is not given

Answers

Answered by apaulshanu

0

Answer:

Compound interest

Step-by-step explanation:

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