The difference between the compound and simple interest for 2 years is
2
a) PGO
vb)pa
c) A +S.I
d) P+S.I
100
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The difference between compound interest and simple interest for 2 years is 631. So, the value of the investment is $63100. Example 2 : ... The rate of interest is same for both compound interest and simple interest and it is compounded annually.
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