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In what time a sum of money double itself at 3% per annum simple interest?

Question 1:

In what time a sum of money double itself at 3% per annum simple interest?

A. 29 years

B. 33 1/3 years

Feedback P = (P*3*T)/100
T = 33 1/3 years

C. 23 1/3 years

D. 13 1/3 years

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Simple Interest Online Test 1 | Englishfreetest.com

20 minutes
10 questions