Math, asked by katherinerodriguezam, 2 months ago

If interest rates are 7%, how long will it take for 50,000 to become $100,000?

Answers

Answered by datars211gmilcom
0

Answer:

Rate=7%

principal=₹50000

Amount=₹100000

interest=₹100000-50000

=₹50000

Time =?

time=100×SI/R×P

=100×50000/50000×7

=100/7%

=14and2/7years

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