Question

Suppose a certain sum doubles in 2 years at r % rate of simple interest per annum or at R% rate of interest per annum compounded annually. We have

1 point

(A) r < R

(B) R < r

(C) R = r

(D) can’t be decided

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Answer 1

Answer:

C is the answer

Step-by-step explanation:

and I can't tell whether C or B

Answer 2

Step-by-step explanation:

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