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
prior to the 20th century, the largest intercontinental migration of people in history was _______________.
worty [1.4K]
Prior to the 20th century, the largest intercontinental migration of people in history was Atlantic slave trade. It <span>was the biggest deportation in history and a determining factor in the world economy of the 18th century. Millions of Africans were torn from their homes, deported to the American continent and sold as </span>slaves<span>. </span>
3 0
4 years ago
Read 2 more answers
For reason did a group of colonists agree to this compact?
Harman [31]

Answer:

The colonists agreed to the Mayflower Compact because they wanted to have a set idea of what the government system would be like when they came to the new world. They wanted religious freedom away from the pursuecutions of the Catholic Church. So they signed the compact in order to have in writting a loose goal of what the system would be like in the New World.

Explanation:

5 0
3 years ago
Upon ratification, the Fourteenth Amendment expanded civil rights protection
Veseljchak [2.6K]

Answer:

the answer is D:  by offering equality under the law to all citizesn

Explanation:

Ratified July 9, 1868, the Fourteenth Amendment granted citizenship to all persons "born or naturalized in the United States," including former enslaved persons, and provided all citizens with “equal protection under the laws,” extending the provisions of the Bill of Rights to the states (United States Senate, 2019).

https://www.senate.gov/artandhistory/history/common/generic/CivilWarAmendments.htm

5 0
3 years ago
Read 2 more answers
What role did the Council of Trent have in the Counter-Reformation?
Alekssandra [29.7K]
The answer is A. Catholic leaders grouped up and wanted to respond to the concerns of the new Protestants.
3 0
3 years ago
Read 2 more answers
What was a consequence of the Haymarket Square Riot?
slava [35]
On May 4, 1886, a labor protest rally near Chicago's Haymarket Square turned into a riot after someone threw a bomb at police. At least eight people died as a result of the violence that day. Despite a lack of evidence against them, eight radical labor activists were convicted in connection with the bombing.
3 0
3 years ago
Other questions:
  • Suppose Bill HR612 is currently in Congress. One thing you know about this bill is that it
    13·1 answer
  • How many days did hurricane katrina last?
    9·1 answer
  • How was the Declaration of Independence historically used as evidence in the antislavery movement?
    13·1 answer
  • The diagram below shows military innovations that affected the way World War I was fought: Image of a concept web with a central
    14·2 answers
  • What effect did Dr. Martin Luther King Jr.’s assassination have on US society in 1968? Question 20 options:
    5·2 answers
  • how far do you think the government should go in trying to protect itself against threats to its policies in times of war?
    12·1 answer
  • How does Baines depict the working environment in the cotton mill ? Is it safe or dangerous?
    14·1 answer
  • Drag the tiles to the correct boxes to complete the pairs. Match the officers in the executive branch of the Oklahoma state gove
    6·2 answers
  • PLEASE HELP
    9·1 answer
  • How did Vladimir Putin come to power, and stay in power?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!