principal rupees 1000 rate of interest 8% per annum. fill in the following table and find which type of interest (simple or compound) changes in direct proportional with time period.
Answer (1)
Hello there!
Greetings!
To solve this question, we need to make a table and then analyse how simple and Compound Interest are dependent on time i.e. we have to check whether these interest are directly proportional or not with time , but its not possible for me to make a table and all here but you do not need to worry, the same question as asked by you is solved on our page , you can go through it and get the solution, the link for the same page is provided below :-
https://learn.careers360.com/ncert/question-principal-is-equal-to-rs-1000-rate-is-equal-to-8-percent-per-annum-fill-in-the-following-table-and-find-which-type-of-interest-simple-or-compound-changes-in-direct-proportion-with-time-period/amp/#aoh=15741436537091&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Thankyou
Greetings!
To solve this question, we need to make a table and then analyse how simple and Compound Interest are dependent on time i.e. we have to check whether these interest are directly proportional or not with time , but its not possible for me to make a table and all here but you do not need to worry, the same question as asked by you is solved on our page , you can go through it and get the solution, the link for the same page is provided below :-
https://learn.careers360.com/ncert/question-principal-is-equal-to-rs-1000-rate-is-equal-to-8-percent-per-annum-fill-in-the-following-table-and-find-which-type-of-interest-simple-or-compound-changes-in-direct-proportion-with-time-period/amp/#aoh=15741436537091&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Thankyou
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