Question

At how much rate a sum becomes doubles in
16 yr?​

Answer 1

Answer:

The questions say total turns out to bedouble in 16 years ie 100 will progress toward becoming (100+100)=200. In this manner, it increases 100% out of 16 years Eg. If I store $100 in the bank at that point as per the question, I would get $200( $100 which I saved and $100 additional as interest).