SIMPLE INTEREST and COMPOUND INTEREST
+ , if the interest is compounded half-yearly = , 400 1 R 4n P ⎟ ⎠ ⎞ ⎜ ⎝ ⎛ + if the interest is compounded quarterly (vi) The difference between compound interest and simple interest on a sum of Rs P for 2-years at R% p.a. is given by 2 ................
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