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In what time will a sum of money put as 13% simple interest triple itself?⇒T=x×152x×100=340=13. 3 years.
How long will it take a sum of money to triple itself at 15% simple interest?So the answer for your question is 13Y and 4 months. Q.
How long will it take to triple the sum of money invested at 12% compounded monthly *?Answer and Explanation: Hence, it will take 9.2 years for an investment to triple if it is compounded continuously at 12%.
How long will it take for the sum of money to triple itself at the rate of 20 %?Detailed Solution
Let the sum of money be Rs. P. ∴ The required time is 10 years.
How long will it take a certain sum of money to triple itself at 8% per annum simple interest?hence, after 25 years sum of money will be triple itself .
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6. how long will it take a certain sum of money to triple itself at 13% per annum simple interest?
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