Math, asked by jatinlalwani000, 1 month ago

If an amount doubles at 5%p.a. compound intrest then find time period?​

Answers

Answered by shourya2698
0

Step-by-step explanation:

When we replace r with 0.05 (5%), we find t=14.2067, which means that applying an interest rate of 5% per year, the initial amount will double in 14.2067 years, or 14 years and almost 2 and a half months (2.48 to be exact).

Similar questions