You take out a loan for ₹ 175,000. Which option will cost you less?
A) Simple Interest rate of 4.17% over 15 years
B) Compound Interest rate of 3.5% over 15 years
Answers
Answered by
6
option a is the right answer
Similar questions
Geography,
3 months ago
Accountancy,
3 months ago
Math,
6 months ago
Science,
6 months ago
English,
10 months ago