Math, asked by wwwrishavpandey0, 10 months ago

The rate of simple interest a sum of money becomes double in 15 years ​

Answers

Answered by Anonymous
3

HeYa❤

Answer is n=100/r. Therefore n=100/7=14.28. So it will take 14.28 years to double my money at 7% simple interest rate. For compound interest, the formula is r=72/n, where r is the rate of interest and n is the number of years.

Hope it's helps you ❣❣

Answered by maheshkumar1820614
0

Step-by-step explanation:

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