Question

Prepare a poster on Simple Interest for investing amount in recurring deposit and getting a car loan from two different banks.

Note - 1. Research the simple interest rate for Investing in Recurring deposit and car loans from two different bank.

2. Figure out the interest accrued over a given amount of time with a given amount of principal for both investment and loan. Then determine which one would be the best option to select

3. On the poster, display the reasoning for the investment and car loan selected. This should include the calculations to show why the selected are the best decisions.​

Answer 1

Answer:

Question is not clear

Step-by-step explanation:

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Answer 2

Answer:

Step-by-step explanation:

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