Ten > Compound Interest

Asked by Basanta · 2 years ago

Hari borrowed Rs 130000 from Krishna at the rate of 21$\rm \%$ per annum. At the end of 1 year and 6 months:

1. How much simple interest will he has to pay? 
2.  How much annual compound interest will he has to pay? 
3.  Find the difference of annual compound interest and simple interest after 3 years
4. Which interest do you suggest Hari to borrow the money? Give reason