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A bank gives an interest of 12% per annum.How long will it take to double one's interest?​

A bank gives an interest of 12% per annum.How long will it take to double one's interest?​
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2 votes
A bank gives an interest of 12% per annum.How long will it take to double one's interest?​

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User Trystan Rivers
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8.1k points

1 Answer

6 votes
6 years!
Divide 72 by your rate and you get the amount of years.
answered
User Kennebec
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