Question

plz ans fast
i will follow you
mark yours every answer as brainliest ​

Answer 1

Answer:

68.04

Step-by-step explanation:

Principal = 8400, Rate = 9%, Time = 2 years.

We have to calculate compound Interest.

A = P(1 + r/100)^n

=> 8400(1 + 9/100)^2

=> 8400(109/100)^2

=> 8400 * 1.1881

=> 9980.04

Compound Interest = Amount - Principal

                                = 9980.04 - 8400

                               = 1580.04

We got compound Interest. Now we have to find Simple Interest.

SI = PTR/100

   = (8400 * 9 * 2)/100

  = 1512

Now,

We have to find difference between CI and SI.

Difference = 1580.04 - 1512 = 68.04

Hence, Difference between SI and CI = 68.04.

#Hope my answer helps you!