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How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer and show your work.

How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer and show your work.
asked 34.9k views
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How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer and show your work.

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User OrangeTux
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1 Answer

3 votes
2000 divided by 0.08% and that's how many years
answered
User Coddy
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