Math, asked by mukul9228, 1 year ago

find the rate at which a sum of money will double itself in 3 years if the interest is compounded annually

Answers

Answered by raghaviscool

0

A=P(1+r/100)ñ=2p
now,(1+r/100)3=2
so,1+r/100=2⅓=1.26
r=26%

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