How long does it take $450 to double at a simple interest rate of 100%

asked Jun 8, 2020 149k views

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1 vote

450 + 450 = 900

pnr/100 = 900

(450)(n)(100)/100 = 900

n = 900/ (450 × 100)/100

n = 2 yrs

Bhollis answered Jun 14, 2020

4.6k points

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