1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iogann1982 [59]
3 years ago
6

What is the difference between the compound interest and simple interest on rs 8000 at 15% per annum for 2 years?

Mathematics
1 answer:
Sladkaya [172]3 years ago
3 0
Simple Interest:

I = P x r x t
I = 8000 x 0.15 x 2
I = 2400

Compound Interest:

A = P(e^rt)
where e is the Euclid’s constant
and A is the total amount with interest

A = 8000(e^0.15(2))
A = 10799 (rounded up)
Therefore compound interest is 2799.

The difference:
compound - simple = 2799 - 2400

Answer is rs 399.
You might be interested in
A single card is drawn from a standard 52 card deck.
Mandarinka [93]

Step-by-step explanation:

probability of 6 of hearts = 1/52

plz mark my answer as brainlist plzzzz.

hope this will be helpful to you.

7 0
3 years ago
Which statement is true of this function?<br><br><br> Help me please !!!!!
kherson [118]

Answer:

AAAAAAAAAAAAAAAAAAAAAAAAAA

Step-by-step explanation:

BECAUSE IT'S AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

6 0
3 years ago
Jonah finished 24 math problems in
8_murik_8 [283]

Answer:

3 hours

Step-by-step explanation:

In an hour there are 60 minutes to find the unit rate of problems per minute you divide 60/24 and get 2.5 multiply 2.5 by 72 get 180 in minutes that is 3 hours

3 0
3 years ago
Read 2 more answers
For every pound a company spends on advertising, it spends 43 pence on its website. Express
son4ous [18]

Answer:

43:100

Step-by-step explanation:

this is the simplest form

8 0
3 years ago
Read 2 more answers
How do you add add fraction with a different denominator?
kenny6666 [7]

Find the LCM (least common multiple) of the denominators, and use that as the denominator for the two fractions.

Ex.

\frac{3}{4} +\frac{2}{3}

LCM (3, 4) is 12

\frac{9}{12} +\frac{8}{12}

=\frac{17}{12}

3 0
3 years ago
Read 2 more answers
Other questions:
  • PLEASE HELP ASAP I WILL MARK BRILLIANT WHOEVER ANSWERS THANKS (:
    9·1 answer
  • If the quotient is 12 and the dividend is 288 what is the divisor
    6·1 answer
  • Which would be used to solve this equation? Check all that apply. P/3 = 12
    12·2 answers
  • Is 74 inches greater or less than 2 yards 2 inches?
    7·2 answers
  • a student claims that the inequality 3x+1&gt;0 is always true because multiplying a number by 3 and then adding 1 to the result
    10·1 answer
  • if 3 ounces of powdered milk make 1 quart of milk, use a proportion to find how many quarts of milk can be made from 20 ounces o
    8·1 answer
  • Needing a answer ASAP! TYYY
    15·2 answers
  • The probability that a person has a certain disease is 0.03. Medical diagnostic tests are available to determine whether the per
    10·1 answer
  • Complete the input-output table:<br><br> x 3x + 7<br><br> 0 <br> 4 <br> 8 <br> 14
    13·1 answer
  • Is the sum of an odd number of consecutive<br> odd integers even or odd?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!