Jackeline226 Jackeline226
  • 24-07-2014
  • Mathematics
Answered

if a sum borrowed under compound intrest doubles itsef in 10 years, when will it become four fold?



Answer :

AL2006
AL2006 AL2006
  • 24-07-2014
If the original investment doubled in 10 years, then double the investment
will double again in the next 10 years.  Thus, in 20 years, the original sum
would have increased fourfold.
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