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If a sum of money doubles in 10 years at compound interest, what is the annual i

Practice Questions

Q1
If a sum of money doubles in 10 years at compound interest, what is the annual interest rate?
  1. 7.2%
  2. 10%
  3. 5%
  4. 6%

Questions & Step-by-Step Solutions

If a sum of money doubles in 10 years at compound interest, what is the annual interest rate?
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