at what rate of interest will rs 6500 get doubled in period of 10 years
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6500*(1+r)^10 = 13000
(1+r)^10 = 2
1+r=2^(.1) = 1.07177
r=.07177 or a rate of 7.177%
(1+r)^10 = 2
1+r=2^(.1) = 1.07177
r=.07177 or a rate of 7.177%
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