Business Studies, asked by mileva742, 1 year ago

The difference between simple and compound interests compunded annually on a certain sum of money for 2 years at 4%

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Answered by TheDreamCatcher

6

Explanation:

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re.

Answered by lTheDreamCatcherl

1

he difference between simple and compound interest(compounded annually) on a certain sum of money for 2 years at 4% per annum is ₹1.

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