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

asked Jan 5, 2022 77.4k views

1 vote

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3 votes

Answer:

200/17 years

Explanation:

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

Bria answered Jan 9, 2022

by Bria

4.5k points

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