if the sum doubles itself in 2 years find the rate percent p a
please with proper solution now
Answers
Answered by
0
Answer:
41.4%
Step-by-step explanation:
Amount =P(1+
n
r
)
nt
where P=Principal Income
r=Interest Rate
n=no of times interest is compounded per year
t=Time
From the given conditions ,
2P=P(1+r)
2
⟹r=
2
−1=0.414=41.4%
Answered by
2
Answer:
Hope it's correct thank you
Attachments:
Similar questions
Social Sciences,
8 hours ago
Geography,
8 hours ago
Biology,
16 hours ago
Hindi,
8 months ago
History,
8 months ago