Math, asked by rakhidevimylife12345, 1 month ago

The difference between the compound and simple interest is 1/100 the sum of find the rate of interest per annum

Answers

Answered by shariquektr007

Step-by-step explanation:

Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period.

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Answered by abhtjiugbf

Answer:

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Step-by-step explanation:

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The difference between the compound and simple interest is 1/100 the sum of find the rate of interest per annum​

Answers

The difference between the compound and simple interest is 1/100 the sum of find the rate of interest per annum