Question

p=10000
R=8 1/2
T=2 year s​

Answer 1

Answer:

Money is not free to borrow. People can always find a use for money, so it costs to borrow money. Different places charge different amounts at different times! It is called Interest. This lesson explains the concept of Simple Interest and Compound Interest. We will develop a basic understanding of these two different types of interests, their uses and properties