Math, asked by palak173, 1 year ago

find the rate at which a sum of money will double in 2 years if the interest is compounded annually

Answers

Answered by Shivamrajput6473

Based on your data, interest rate will be 41.42%

Please find the details.

Tried For: Rate of Return

Input:

Deposit Amount = 10000

Future Amount = 20000

Interest Frequency = Yearly

Tenure (In Months) = 24

Results:

Interest Earned = 41.42%

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