Question

The compound interest and simple interest for one year at fixed rate of interest on fixed sum of money are ________.​

Answer 1

Answer:

same

Step-by-step explanation:

…………………………………………

Answer 2

Answer:

money are

same

example

simple interest

100×10×10/100=10

compound interest

100×(1+10/100)-1

100×11/10-1

100×1/10

10