Ten > Compound Interest
A man deposits a sum of money at the annual rate of interest 10$\rm \%$ and gets the annual compound interest of Rs 1986 after 3 years.
- What was the deposited principal?
- What is the simple interest of the sum for 3 years?
- Find the difference of the annual compound interest and simple interest.
- By what percent the annual compound interest is more than simple interest?
0
0