Mathematics, 01.12.2021 16:50, brae0

You want to interest rupees 8,000 for 3 years. Which account should you choose? Account A earns 4% simple Interest per year.
Account B earns 4% interest compounded annually.

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You want to interest rupees 8,000 for 3 years. Which account should you choose? Account A earns 4% simple Interest per year. Account B earns 4% interest compounded annually.

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Other questions on the subject: Mathematics

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You want to interest rupees 8,000 for 3 years. Which account should you choose? Account A earns 4% simple Interest per year.
Account B earns 4% interest compounded annually.