Question

At what rate of interest will a sum of money double itself In 8⅓ years?

Please give the correct answer

Because i am asking this question many times please write explaination.​

Answer 1

Answer:

12%

Step-by-step explanation:

100(2-1) 100×3

----------- = --------- = 12 %

25 25

-----

3

Answer 2

hey mate here is your ans
12.5%
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