Math, asked by kumaraniket6444, 10 months ago

In what time will money deposited in a bank double itself if rate of interest is 12​

Answers

Answered by durgeshkumar011020
2

Step-by-step explanation:

Hence, it takes approximately 5.76 years for your total deposit to double. To make it simpler; supposedly the rate of interest is 6 per cent per annum. Then, 72/6 equals 12. It will take appromimately 12 years to double your deposit.

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