Question

What is the rate of simple interest at which
an amount doubles in 5 years?​

Answer 1

Step-by-step explanation:

Alternatively you can calculate what interest rate you need to double your investment within a certain time period. For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you'll need to earn 14.4% interest annually on your investment for 5 years: 14.4 × 5 = 72.

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Answer 2

Answer:

this is half question

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