elizam68 elizam68
  • 10-06-2021
  • Mathematics
contestada

Approximately how long will it take $200 to double to $400 when the annual interest rate is 8 1/2?

Respuesta :

vaggarwalam2024
vaggarwalam2024 vaggarwalam2024
  • 15-06-2021

Answer:

200/17 years

Step-by-step explanation:

Simple interest = (principle * time * rate) / 100i

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