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.
When I did the math I came up as 3.88 but if you have to round up it wound be 4 or 3.9
Answer:
It is A and I am positive its A
Step-by-step explanation:
2 two-fifths are in four-fifths.
Hope this helps and have a great day!!!
If you need help just comment on my answer.