Question

Which will fetch more interest simple interest for 4 years at 20% or compound interest for 2 years at 40%?​

Answer 1

Answer:

Formula for difference between SI and CI for 2years is

D = P(R/100)^2

20 = P(4/100)^2

20 =P(1/25)^2

P = 20*125

P = 12500

Answer 2

Answer:

COUMPOUND INETREST

Step-by-step explanation:

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