1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Debora [2.8K]
3 years ago
6

A sum of money is deposited in a bank at the rate of 10% per annum simple interest . in how many years will the deposited money

be doubled​
History
2 answers:
Alenkinab [10]3 years ago
8 0
Let the money be p and let it take n years for the money to double.
Now,

Interest= Amount-Principle= 2p-p=p
ATP,

p*10*n/100= p
n/10=1
n=10
Thus time required is 10 years
Sphinxa [80]3 years ago
5 0

Answer:

It would take 10 years for the given sum of money be doubled at the given simple interest rate.

Explanation:

A 10% interest would be added to the the principal amount after each year. So  the interest would reach 100% i.e. equal to the principal amount in 10 years.

Best Regards!

You might be interested in
The executive Power shall be vested in a President of the
aalyn [17]

Answer:

d

Explanation:

6 0
3 years ago
Read 2 more answers
Which action has come to symbolize the end of
expeople1 [14]
The action that has come to symbolize the end of the Cold War is 3. tearing down the Berlin Wall. The Wall had been formed by the Soviet Union to separate East Berlin (Soviet-controlled) from West Berlin (Western-controlled). Its fall allowed Berliners (and Germans) from the Eastern half finally make their way to the Western half. 
5 0
3 years ago
WILL MARK BRAINLIEST!!!!!!
katovenus [111]

Answer:

The answers are 3 4 and 5

Explanation:

5 0
3 years ago
Read 2 more answers
What was a negative impact of plessy v. Ferguson
Makovka662 [10]
VBbbw f fbw e f enkw s g enkw d f
6 0
3 years ago
Read 2 more answers
Who was the Aztec and what they do?
Naya [18.7K]

Answer:

The Aztecs were famous for their agriculture, cultivating all available land, introducing irrigation, draining swamps, and creating artificial islands in the lakes. They developed a form of hieroglyphic writing, a complex calendar system, and built famous pyramids and temples.

7 0
2 years ago
Other questions:
  • The Cold War rivalry directly influenced all of the following EXCEPT:
    7·1 answer
  • Kennedy's negotiation style during the Cuban Missile Crisis can be described as:
    8·2 answers
  • Results of soviet control on eastern europe included: _____.
    13·2 answers
  • What big event happened in Russia during 1889?
    9·1 answer
  • Why is the population density different in various parts of the world
    5·1 answer
  • At what point does congress consider a bill?
    7·1 answer
  • PLZ HELP!!!!!!!!!!! I AM STUCK WITH THIS QUESTION DID THE REST 50 POINTS
    11·1 answer
  • What was the purpose of passing the Neutrality Act of 1935? a) By invoking the act, the United States could abstain from partici
    9·2 answers
  • How did laws controlling slaves, called Slave Codes, influence opportunities for slaves?
    15·2 answers
  • Hawaii became a part of the United States in 1898 after
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!