Question

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Q. At what rate of interest will a sum of money double itself in 16 1/2 years ( it's a mixed fraction)

Answer 1

principal = X

time = 16 1/2 =33/2

rate of interest = ??

interest = X

rate of interest = 100 × X ×2 / 33 ×X = 100× 2 / 33 = 6.06 %

hope it helps

Answer 2

Answer:

6.06 is answer dear friend