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A sum of money doubles itself in 8 years.Find the rate of interest.

Answer» <p>If amount = 2* principal, interest = principal.INTEREST = PRT/100=&gt; P= PRT/100=&gt; RT = 100=&gt; R = 100/8=&gt; R = 12.5 %</p><p>PLEASE HIT THE LIKE BUTTON</p>


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