At what rate percent per year will a sum double itself in 25/4
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1
Answer:
idk
Step-by-step explanation:
Answered by
1
Answer:
Simple interest case:
Sum doubles if Sum = Principal + interest = 2 P => interest = principal
Interest = principal = P = P r t = > r t = 1
r = 1/t = 4/25 or (4/25) * 100% = 16% per year
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