the difference of the compound interset and simple interrest on 50000at 4°/. anually for 2 years willbe
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p=50000
R=4°/.p .a.
t=2 years
now,
ci =amount=50000(1+4/100)(1+4/100)
80*26*26
a=54080
ci=54080-50000
=4080
now,si=50000*4*2/100
=4000
ci=4080
si=4000
ci-si
4080-4000
difference=80
R=4°/.p .a.
t=2 years
now,
ci =amount=50000(1+4/100)(1+4/100)
80*26*26
a=54080
ci=54080-50000
=4080
now,si=50000*4*2/100
=4000
ci=4080
si=4000
ci-si
4080-4000
difference=80
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