Question

The difference between the compound interest and simple interest at certain sum at 12% p.A for two

Answer 1

Dividends over common stock and also have been given preference at the time of liquidation over common stock. They have other features of accumulation in dividend. In addition, preferred stock usually comes with a letter designation at the end of the security. This extra letter does not mean that any exclusive rights exist for the shareholders but it does let investors know that the shares are considered for such, however, these rights or privileges may change based on the decisions made by the underlying company.

Answer 2

Answer:

The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. ... when interest is reckoned using compound interest, interest being compounded annually.