If a certain sum of money doubles itself in 7 years 8 months at simple interest then what will be the yearly rate of interest (in %)?1). $18frac34$2). $13frac123$3). $26frac223$4). 30

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1.	If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of interest (in %)?1). $18\frac{3}{4}$2). $13\frac{1}{23}$3). $26\frac{2}{23}$4). 30
Answer» RIGHT ANSWER for this QUESTION is $13\frac{1}{23}$

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If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of interest (in %)?1). $18\frac{3}{4}$2). $13\frac{1}{23}$3). $26\frac{2}{23}$4). 30