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2 years ago

7

A sum of money doubles itself in 16 2 years at certain rate of simple interest. How long will it take to double itself at the sa

me rate of compound interest.

1 answer:

Viefleur [7K]2 years ago

6 0

Answer:

r=40% or .4

Step-by-step explanation:

32=16(1+r)^2

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