Arif took a loan of ₹ 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after 11/2 years if the interest is 2
(i) compounded annually
(ii) compounded half-yearly.
Arif took a loan of ₹ 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after 11/2 years if the interest is 2
(i) compounded annually
(ii) compounded half-yearly.