Question

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

Answer 1

Answer:

Required Rate = [(3)^1/2-1]*100 = (1.73-1)*100 = 0.73*100 = 73% (Ans)

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Answer 2

hey dude !!!!

=>> 0.73×100

=>> 73%

hope this helps you