Question

IN THE FOLLOWING FIGURES. FIND THE AREA OF THE SHADED REGION​

Answer 1

Answer:

Difference between Simple Interest and Compound Interest.

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A

ˆ

N

ˇ

SW

E

ˆ

R

ˇ

:

Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan. The interest, typically expressed as a percentage, can be either simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates