Please answer this question quickly question 7
Attachments:
Answers
Answered by
1
Answer:
Step-by-step explanation:
Don't know
Answered by
0
S I for first year - 120000 * 4* 1 / 100
= 4800
SI for second year - 124800 *4*1/100
= 4992
S I for half year - 129729 *4*1/100*2
= 5191.68 ( Simple Interest )
Compound Interest = 129729+5191.68 -120000
= 14920.68
Therefore, difference between the compound interest and simple interest = 9729 ( answer )
= 4800
SI for second year - 124800 *4*1/100
= 4992
S I for half year - 129729 *4*1/100*2
= 5191.68 ( Simple Interest )
Compound Interest = 129729+5191.68 -120000
= 14920.68
Therefore, difference between the compound interest and simple interest = 9729 ( answer )
Similar questions