what will be the rate of interest if a certain amount of is double in 20 years
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hey mate here is is your answer
5 =% is the rate of interest .
please mark it as a brainliest answer
5 =% is the rate of interest .
please mark it as a brainliest answer
prince1349:
please mark it as a brainliest
explain
how does
explain please
ok I explain you
rate of interest per annum is 5 %
because it double in 20 years
so 5 × 20 is 100 %
thant is why
please mark it as a brainliest answer
Answered by
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Answer:
Answer Expert Verified. R =? At 5% simple interest, a sum of money doubles itself in 20 years.
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