Math, asked by renujoshi9, 6 months ago

suppose a certain sum doubles in 2 years at r% rate of SI per annum or at R % rate of interest per annum compounded annually then r>R. R>r. R=r. can't be decided

Answers

Answered by AkashMathematics

1

Answer:

As compound interest is greater than simple interest on the same sum for same amount of time at same rate.

hence R<r

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