و
find the rate of interest if a sum of
money gets doubled in 16 years
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Answered by
8
Answer:
The money doubles itself, it means 100% money is added.
So,
Interest × Time = 100%
Interest × 16 = 100
Interest = 100/16
Interest = 6.25
So the simple interest is 6.25% per year.
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0
Answer:
hyy here is your answer
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