Question: How many years it will take a sum of $1575 to double when the rate of interest is 2.5% compounded quarterly? O Less than
How many years it will take a sum of $1575 to double when the rate of interest is 2.5% compounded quarterly? O Less than 25 years Between 28 to 29 years Between 25 to 26 years Between 27 to 28 years
Step by Step Solution
3.45 Rating (152 Votes )
There are 3 Steps involved in it
Solution we have PprincipalD 1575 AP Yen r 2... View full answer
Get step-by-step solutions from verified subject matter experts
