16% How much time does an amount double
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Step-by-step explanation:
A borrower who pays 12% interest on their credit card (or any other form of loan that is charging compound interest) will double the amount they owe in six years. The rule can also be used to find the amount of time it takes for money's value to halve due to inflation.
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Answer:
12 % interest.
Step-by-step explanation:
Milling is a machining process that involves the use of cutting tools that are rotated at a set speed and then brought into contact with a work piece. The work piece is typically held in place by some sort of clamping device. The cutting tools begin to remove material when they touch the work piece.
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