Math, asked by angelsheth44, 3 months ago

how much time will the money take to get doubled at 8 percent

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Answered by kunalthakur65

Answer:

9 years

How to Calculate the Rule of 72. If an investment scheme promises an 8% annual compounded rate of return, it will take approximately (72 / 8) = 9 years to double the invested money.

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how much time will the money take to get doubled at 8 percent ​

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how much time will the money take to get doubled at 8 percent