a sum of money will double itself in 16 years at simple interest with a yearly rate of
Answers
Answered by
1
Answer:
The money doubles itself, it means 100% money is added. So the simple interest is 6.25% per year. Hope it helps.
Answered by
0
Answer:
The money doubles itself, it means 100% money is added. So the simple interest is 6.25% per year.
Hope it helps.
Similar questions