Question

The difference in taka between simple and compound interest at 5% annually on a
sum of Tk. 2000 after 2 years is​

Answer 1

Step-by-step explanation:

interest=2000×5%\100

100

a=p+i

=2000+100

=2100

p for next 2100

interest=2100×5/100

105

a=p+I

2100+105

=2205

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