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kogti [31]
1 year ago
10

) at what rate percent per annum will a sum of money double itself in 10 years ? (2 marks)

Mathematics
1 answer:
fredd [130]1 year ago
8 0

Answer:

7.177%

Step-by-step explanation:

2  is double

2 =( 1 + i)^10      solve for i = 7.177%

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