Math, asked by singhabhay736, 8 months ago


10. In how many years will 600 doubles itself at 10% simple interest

Answers

Answered by BrainlyPrince727
8

Question :-

In how many years will $600 double itself at 10% simple interest?  

Solution :-

P = $600  

r = 0.10 or 10%  

t = ? years  

A = 2P = 1200 the future value since the $600 will double itself  

A = P(1 + r*t)  

2P = P(1 + r*t)  

1200 = 600(1 + 0.1*t)  

600(1 + 0.1*t) = 1200 divide both sides by 600  

1 + 0.1*t = 2  

by solving we find  

t = 10 years

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Answered by afra1278
2
Brainlyprince answer is the right answer
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