5. The least number of complete years in which a sum
of
money put out at 20% compound interest will be
more than doubled is
Answers
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Step-by-step explanation:
P
(
1
+
R
100
)
T
>
2
P
⇒
(
1
+
20
100
)
T
>
2
⇒
(
6
5
)
T
>
2
⇒
1.2
T
>
2
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