Question

at what rate percent per annum will be a sum of money doubles itself in 8 years​

Answer 1

Answer:

12.5% per annum

I. =PRT100. Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

Answer 2

Answer

12.5% per annum

Step-by-step explanation:

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