at what percent per annum simple interest will a money double itself in 3 years
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I think 30% per annum simple interest will a money double itself in 3 years
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HERE IS YOUR ANSWER FRIEND:
Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radhs bororows the same amount for the same time period at 10% per annum compounded annually.
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