Math, asked by Anushkasingh1217, 3 months ago

At what rate of interest can a sum of money doubles itself in 4 years. I want explanation

Answers

Answered by sahanasusil83

Answer:

please mark my answer as brilliant then only I can go to the next level

Answered by Snowpurpletaebae

Answer:

18%

Step-by-step explanation:

Thumb rule is that money doubles in 72/x years where x is the approx. interest rate compounding annually. In your question 72/x is 4 years so x would be 18%

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At what rate of interest can a sum of money doubles itself in 4 years. I want explanation​

Answers

At what rate of interest can a sum of money doubles itself in 4 years. I want explanation