Find the least number of complete years in which a sum of money put out at 15% compound interest ...

Find the least number of complete years in which a sum of money put out at 15% compound interest will be more than double of itself?

Quiz

Answer/Solution

5

Steps/Work

5 years
Answer: A

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Find the least number of complete years in which a sum of money put out at % compound interest will be more than double of itself?

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