Math, asked by yesseniahardy, 10 months ago

how long will it take for $500 to double at a simple interest rate of 5%

Answers

Answered by nitish3444

It'll take 24 years for your investment to double. If your interest rate is 6%, then 72/6 = 12 years. If you're returning 12%, it'll only take 6 years, since 12*6 = 72.

nitish3444: i have send the right answer

yesseniahardy: sure

nitish3444: so please please please make me the brinlest answer

nitish3444: Please

yesseniahardy: good job you did it

nitish3444: hyy

nitish3444: i need a help

Previous Question

Next Question

Similar questions

Math, 5 months ago

alpha gamma beta are zeroes of polynomial 4x^3+3x-7 then alpha×beta+alpha×gamma+gamma×beta...

English, 5 months ago

what rule should we follow on the playground ...

Physics, 5 months ago

address of mass 20 gram is kept floating horizontally in a by firing 300 bullets per minute which rebound from the dish with same speed in opposite direction find the velocity of the bullets at the time of impact if each Bullet weight 5 gram ...

Business Studies, 10 months ago

what is meant by consumer protection?

CBSE BOARD X, 10 months ago

A train speeds past a pole in 15 seconds and a platform 100 meter long in 25 seconds. What is length of the train ?

Math, 11 months ago

Which one of the following is not true? a)√2 is an irrational number b)0.10110011110...... is an irrational number c)√17 is an irrational number d)4√16 is an irrational number...

Math, 11 months ago

length 2 3/5m, breadth 8 2/3 m find area and perimeter...

Math, 11 months ago

I need this solution for this question...