How many years will take certain amount to double at 8% interest per annum?
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Answered by
1
Answer:
It Takes 12years and 6months
Step-by-step explanation:
Let Principal = x
Therefore, Amount = 2x
Simple Intrest = 2x - x = x
Rate = 8%p.a.
Now:
Time = si×100/p×r
x×100/x×8
100/8
12 1/2
Therefore, Time = 12years 6months
Answered by
1
Answer:
l am sorry, I have sand you later the answer
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