plzzzzz help me out........
Answers
Principle = Rs. 4500
Rate = 9%
Time = 6 years
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Simple Interest = ??
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Michelle have to pay Rs. 2430 as interest if he borrows money from bank A
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principle = Rs. 4500
Rate = 11%
Time = 4 years
______________________
Simple Interest = ???
______________________
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Michelle have to pay Rs. 1980 as simple interest if he borrows money from bank B
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Rs. 1980 < Rs. 2430 , therefore Bank B will amount less interest .
Principle = Rs. 4500
Rate = 9%
Time = 6 years
______________________
Simple Interest = ??
______________________
⠀⠀⠀⠀
⠀⠀⠀⠀
⠀⠀⠀⠀
⠀⠀⠀⠀
______________________
Michelle have to pay Rs. 2430 as interest if he borrows money from bank A
⠀⠀⠀⠀
principle = Rs. 4500
Rate = 11%
Time = 4 years
______________________
Simple Interest = ???
______________________
⠀⠀⠀⠀
⠀⠀⠀⠀
⠀⠀⠀⠀
⠀⠀⠀⠀
______________________
Michelle have to pay Rs. 1980 as simple interest if he borrows money from bank B
⠀⠀⠀⠀
⠀⠀⠀⠀
Rs. 1980 < Rs. 2430 , therefore Bank B will amount less interest .