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Discussion :: Simple Interest

  1. A sum of money will double it set in 16 years at simple interest with a yearly rate of:
    2. A.
    10%
    B.
    6 1/4 %
    C.
    8 %
    D.
    16 %

    View Answer

    Workspace

    View Answer

    Answer : Option B

    Explanation :

    Principal = P. 


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