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At what simple interest rate percent per annum will a sum of money triple in 19 years?

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At what simple interest rate percent per annum will a sum of money triple in 19 years?
posted Sep 9, 2019 by Madhavi Latha

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1 Answer

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M+19x*M=3M --> x=2/19 ~ 10.53%

answer Sep 11, 2019 by Hanifa Mammadov
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