Math, asked by yesseniahardy, 1 year ago

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

Answers

Answered by nitish3444
2

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
Similar questions