Calculate the difference between the compound interest and simple interest on ₹20,000 in 2 years at 8% per annum.

₹128

Step-by-step explanation:

To work out the simple interest, you need to work out 8% of ₹20,000 for 2 years, which is 1.08 * ₹20,000 = ₹21,600 in the first year and ₹23,200 in the second year

To work out the compound interest, you need to work out 8% of the new value

1st year: ₹21,600

2nd year: 8% of ₹21,600 = ₹23,328

The difference is ₹23,328 - ₹23,200 = ₹128

the final function for the graph becomes x-2=-1. before graphing you solve the equation, where x=1. then graph accordingly.   ( on the x-axis, 1 on the line will possess a vertical line.)

step-by-step explanation:

i have done this all on a piece of paper but idk how to put it on here cuz it needs to be drawn