Albert constructed a square box to hold jewelry. The
2 answers:
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Answer:
In 24 years.
Step-by-step explanation:
Let the sum of money be 100 which amounts to 200 ( doubles itself ) in 6 years time. Interest on 100rs. Is 100. Putting the following in simple interest formula. You get :
Now when 100 will become 5 times i.e 500 the interest will be 400rs.
Putting in simple interest formula:
So, in 24 years, it will become 5 times.