Math, asked by mavarun07, 11 months ago

a sum of money at compound interest is doubled in 20 years in the number of years required to triple the sum will be

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Answered by vikasverma123

0

Answer:

Answered Nov 8 2017 · Author has 25.4k answers and 101.9m answer views

At five percent (5.0) per year, your money will double in 20 years.

In 40 years, your money will triple at that same (simple) interest rate.

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