Math, asked by gayugaayaa, 8 months ago

At what percentage of rate will a sum of money double in 16 years?
a) 6 1/4% b) 7 1/2 c)6% d) 7%

Answers

Answered by BLACK1817

0

Answer:

The money doubles itself, it means 100% money is added. So the simple interest is 6.25% per year.

Step-by-step explanation:

Hope it helps you.......

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