i borrowed rs 12500 from jamshed at 6% per annum simple interest for 2 yrs had i borrowed this sum at 6% per annum compound interest what extra amount would i have to pay ?
Answers
Answered by
5
12500×6×1/100=750
12500+750=13250
13250×6×1/100=265×3=795
total amount to pay=13250+795=14045
12500+750=13250
13250×6×1/100=265×3=795
total amount to pay=13250+795=14045
Answered by
1
Answer:
Step-by-step explanation:
Attachments:
Similar questions