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If a bank offers to double your money in 8 years, what is the effective rate of interest? ​

If a bank offers to double your money in 8 years, what is the effective rate of interest? ​
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If a bank offers to double your money in 8 years, what is the effective rate of interest? ​

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User Kimb
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1 Answer

9 votes

Answer:

I think I would be 16 cause if 8 double it is 16

answered
User Moumit
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