I borrowed 12,000 from Jamshed at 6% per annum
simple interest for 2 years. Had I borrowed this sum
at 6% per annum compound interest, then what extra
amount would I had to pay ?

Question

I borrowed 12,000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, then what extra amount would I had to pay ?​

Katherine · Answer

Answer:   RS.43.20      hope this helps! I couldn't get the explanation!

Reagan

find the value of a and b:
Cafb) (2+i) = b + 1+ Clot 2a) i

estimate the value of the following to the nearest whole number that is root 90

1 thought on “I borrowed 12,000 from Jamshed at 6% per annum<br />simple interest for 2 years. Had I borrowed this sum<br />at 6% per annum comp”

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I borrowed 12,000 from Jamshed at 6% per annumsimple interest for 2 years. Had I borrowed this sumat 6% per annum comp

Reagan

find the value of a and b:Cafb) (2+i) = b + 1+ Clot 2a) i​

estimate the value of the following to the nearest whole number that is root 90​

1 thought on “I borrowed 12,000 from Jamshed at 6% per annum<br />simple interest for 2 years. Had I borrowed this sum<br />at 6% per annum comp”

Leave a Reply to Katherine Cancel reply

I borrowed 12,000 from Jamshed at 6% per annum
simple interest for 2 years. Had I borrowed this sum
at 6% per annum comp

find the value of a and b:
Cafb) (2+i) = b + 1+ Clot 2a) i

estimate the value of the following to the nearest whole number that is root 90