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Monica [59]
3 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.​
Mathematics
1 answer:
Viefleur [7K]3 years ago
6 0

Answer:

r=40% or .4

Step-by-step explanation:

32=16(1+r)^2

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