A certain sum is invested at an interest rate of 15% compounded annually. In how many years will [ ]
the sum get doubled?
(a) 2 years
(b) 2.5 years
(c) 3 years (d) 5 years (e)7years
Answers
Answered by
4
It will get doubled in 5 years.
Answered by
1
hence the answer is 5 years
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