At what rate percent per annum will a sum of money double in 16 years in simple interest plan?
A6 1/4%p.a.
B3 1/3%p.a.
C4 1/7%p.a.
D8 1/3%p.a.
A6 1/4%p.a.
B3 1/3%p.a.
C4 1/7%p.a.
D8 1/3%p.a.
Related Questions:
In how many years will the simple interest on a sum of money be equal to the principle at rate of % p.a ?