Question

Sudheer lent 2000 compound interest at 10% payable yearly Prashant lent 2008 compound interest 10 % payable half-yearly find a difference in the interest received by Sudhir and Prashant at the end of years

Answer 1

here is your answer.... 5 .82

Answer 2

Difference is 0.80 interest which will additionalyy received by Prashanta at the end of every year.

Explanantion:

Sudheer will receive 200 yearly

Prashanta will receive 100.40 half yearly, so total 200.80 yearly

So total difference is: 200.80 - 200 =0.80