How long will it take 100 to double itself at 5% simple interest?

So, the time required is 20 years . Q. In how much time, will a sum of money double itself at 12.5% per annum rate of interest. Q.

How long will it take for a sum of money to double itself at 5 pa compound interest payable annually?

Answer and Explanation: So, a sum of money will double in 14 years .

How many years will any principal double itself at 5% simple interest per year?

Answer: time = si × 100 / R × P 100× 100 / 5 × 100 = 20 years .

In what time will a sum of money double itself at 5%?

The time in which a sum of money will be double at 5% p.a C.I isa)Rs. ... Therefore, the correct option is (c) 14.2 years . The time in which a sum of money will be double at 5% p.a C.I isa)Rs. ...

How long does it take to double at 5 interest?

It would take 14.4 years to double your money. Applying the rule of 72, the number of years to double your money is 72 divided by the annual interest rate in percentage. In this question, the annual percentage rate is 5%, thus the number of years to double your money is: 72 / 5 = 14.4.

How many years will 150 double itself at 4 percent simple interest?

Hence, the answer is 25 years . Was this answer helpful? In how many years will Rs. 150 double itself at 4% simple interest?

How many years will it take for 200 to double itself at 10 simple interest?

So time required is 10 years . Was this answer helpful?

What is the simple interest on a principal of 100 for 2 years at the rate of 5 per annum?

Answer: SI = 100 rate= 5℅ time= 2 years. 100x100/5x2= 200/10= 20 Rs. so, amount= p+I = 20+100= 120 Rs ans.

How long will it take to double itself if invested in a 5% compounded weekly?

Thus, it will take 14.21 years for the money to double.

How long will it take to double $100 at 4 interest?

The Rule of 72 is a calculation that estimates the number of years it takes to double your money at a specified rate of return. If, for example, your account earns 4 percent, divide 72 by 4 to get the number of years it will take for your money to double. In this case, 18 years .

How long will it take $1000 to double at 6% simple interest?

So, if the interest rate is 6%, you would divide 72 by 6 to get 12. This means that the investment will take about 12 years to double with a 6% fixed annual interest rate. This calculator flips the 72 rule and shows what interest rate you would need to double your investment in a set number of years.