The simple interest on certain sum of money
What would be interest if the same sum would
1
annung 3 600
ompound Interest
In our day to day dealing, the interest paid or
urged by the bank, insurance companies,
ance companies etc, is not the simple interest.
is invested for
kept for 5 years at 12% per annum is Rs 6000.
have been kept for 2 year 3 months at 16% per
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