Question

A sum of 12000 deposited at compound interest becomes double after 5 years. After 20 years, it will become?

Answer 1

Step-by-step explanation:

after 5 years interest becomes double

after 20 years interest becomes = interest of 5 years × 4 ( for 20 years ) = double × 4 = 2× 4 = 8 times

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