# In what time will a sum of money double itself at 5% per annum simple interest?

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In what time will a sum of money double itself at 5% per annum?? 9. In what time will a sum of money double itself at 5% per annum?? A sum of money at simple interest double itself in 4 years.

**Chris Ruehlemann**Date created:

**May 13, 2022**

## What is sum of money in simple interest?

A sum of money at simple interest amounts to 815 in 3 years and to 854 in 4 years. Interest for 1 year = 854-815= Rs 39. Interest for 3 years = 39*3= 117. sum = 815-117 = Rs.

## At what rate of simple interest will a sum of money double itself in 8 years?

12.5% per annumAt what rate percent per annum will a sum of money double in 8 years. Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

## At what rate of simple interest will money double itself in 7 years?

Answer. It take about 14 years for four folding in which doubling the sum of money takes place in 7 years.

## How long will it take a certain sum of money to triple itself?

A sum of money at simple interest double itself in 4 years. in how many years will it triple itself... At what rate percent per annum simple interest, will a sum of money triple itself in 25 years?

## At what interest rate will a sum of money double itself in 3 years if the interest is compounded annually?

Answer. ☆☆☆Let the rate percent per annum be R. Thus, the required rate is 25.99% per annum.

## At what percent of simple interest sum of money will double itself in 7 years?

Hence, if we have 2x after 7 years, we'll get its double after the same amount of time (4x at t = 14).

Hope it's clear..

## At what percent simple interest will a sum of money double itself in 16 years?

541%

## At what rate does the simple interest a sum of money Triple itself in 25 years?

8% Was this answer helpful?

## At what rate of interest a sum of money doubles itself in 10 years in simple interest?

So rate per annum = 10%.

## At what rate of interest a sum of money doubles itself in 10 years?

In how many years will a sum of money double itself with the rate of 10% per annum simple interest? Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double. Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest.

## Related Question Answers

#### Artsiom Rudzenka

Professor### At what rate of interest will a sum of money double in 5 years?

14.4% per yearSimilarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5). If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year. Rule of 72 provides an approximate idea and assumes one time investment.

#### Nico Zhu - MSFT

Professor### At what rate of interest will a sum of money double itself in 20 years?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years..

#### Zelazny7

Professor### At what rate of interest will a sum of money double itself in 5years?

Answer. R =? At 5% simple interest, a sum of money doubles itself in 20 years.

#### Matchu

Professor### At what rate of interest will a sum of money doubles itself in 50 3 years?

Time ; t = 50 3 years so , simple interest , I = p × r × t 100 = p × r × 50 3 × 100 = pr 6 So sum of money after 50 3 years = p + I = p + pr 6 Now according to the question we have ; Sum of money becomes double after 50 3 years , so we have ; 2 p = p + pr 6 ⇒ p = pr 6 ⇒ r = 6 Therefore rate of interest is 6 % .

#### David Storey

Professor### At what rate of markup would a sum of money become double in 20 years?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years.

#### Jon Limjap

Professional### At what rate of percent compound interest does a sum of money becomes 4 times itself in 2 years?

Since it is compound interest, the Principal for the second year would be 2P. This again doubles itself in another year because Interest rate is 100%. So at the end of two years it becomes 4 P. Hence at an interest rate of 100% , the sum of money becomes 4 times itself.

#### Jonathan.Brink

Professional### At what rate of simple interest a sum of money will be doubled of itself in 15 years?

If the sum doubles (x2) in 15 years, then it to become 2*2*2 = 8 times as large it should double three times, so three 15 years time period are needed, which is 3*15 = 45 years.

#### Yuji 'Tomita' Tomita

Professional### At what rate of simple interest a sum of money will be doubled on itself in 15 years?

If the sum doubles (x2) in 15 years, then it to become 2*2*2 = 8 times as large it should double three times, so three 15 years time period are needed, which is 3*15 = 45 years.

#### Thaoaaaaa

Professional### At what rate of simple interest in 4 years a sum of money will become 4 times the principal?

5% per annumA sum of money become four times at the simple interest rate of 5% per annum in 60 years .

Formula : Hence a sum of money become four times at the simple interest rate of 5% per annum in 60 years ..

#### Mr. Boy

Professional### At what rate of simple interest in 4 years a sum of money will become four times the principal?

5% per annumA sum of money become four times at the simple interest rate of 5% per annum in 60 years . Formula : Hence a sum of money become four times at the simple interest rate of 5% per annum in 60 years .

#### tripleee

User### At what rate of simple interest will a sum of money amount to 7 4 of itself in 6 years?

700/4 in 6 years. Interest = (700/4)-100 = Rs. 300/4; Hence, Rate = Total interest/ given time = 300/4*6 = 12(1/2)%.

#### alkasm

User### At what rate of simple interest will a sum of money double itself in 10 years?

10% per annumAnswer. it means at the rate of 10% per annum sum will double itself in 10 years .

#### Miguel

User### At what rate of simple interest will a sum of money doubles itself in 1 year?

Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double. Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest.

#### Ian Kemp

User### At what rate of simple interest will a sum of money doubles itself in 10 years?

10% per annumAnswer. it means at the rate of 10% per annum sum will double itself in 10 years .

#### Boris

User### At what rate of simple interest will a sum of money doubles itself in 20 years?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years.

#### Eric

Guest### At what rate of simple interest will a sum of money doubles itself in 8 years?

12.5% per annumWhere P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### Rene Groeschke

Guest### At what rate of simple interest will a sum of money treble itself in 25 years?

Answer. rate of interest is 8%.

#### ParisaN

Guest### At what rate of simple interest will a sum of money triple in 10 years?

Answer. Answer: So rate of percentage per annum must be 12.5% to triple the sum.

#### Cees Timmerman

Guest### At what rate of simple interest will a sum of money triples itself in 10 years?

Answer. Answer: So rate of percentage per annum must be 12.5% to triple the sum.

#### Motti

Guest### At what rate of simple interest will sum of money doubles itself in 20 years?

5%At 5% simple interest, a sum of money doubles itself in 20 years.

#### Raja Jaganathan

Guest### At what rate per annum will sum of money double in 16 years?

= P and T = 16 yrs. Rate = (100 x P)/(P*16)% = 6 ¼ % p.a.

#### Maelandieg

Guest### At what rate per cent of simple interest will a sum of money double itself in 12 years?

721%

#### user1672994

Guest### At what rate per cent per annum will a sum of money double itself in eight years?

12.5% per annumHence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### entlassungspapi

Guest### At what rate Percent of simple interest per annum will a sum of money triple in 6 years?

Answer: 33 1/3 % p.a.

#### M.M

Guest### At what rate Percent of simple interest will a sum of money double itself in 12 years?

721%

#### davidcondrey

Guest### At what rate Percent of simple interest will a sum of money double itself in 15 years?

In your case, a rate of ~4.8% would double a sum in ~15 years. R=100*I/P*N=100*P/P*15=100/15=20/3=6.666… =6.67%.

#### Josh Crozier

Guest### At what rate Percent of simple interest will a sum of money double itself in 2 years?

So rate of interest should be 3 (1/3) to get some of money double itself..

#### Giovanni G. PY

Guest### At what rate Percent of simple interest will a sum of money double itself?

=PRT100. Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### Gabe Moothart

Guest### At what rate Percent of simple interest will a sum of money doubles itself in 16 years?

541%

#### Tanmoy

Guest### At what rate Percent of simple interest will a sum of money doubles itself in 20 years?

5%Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years.

#### bcmills

Guest### At what rate percent on simple interest will a sum of money double itself in 30 years *?

So rate of interest should be 3 (1/3) to get some of money double itself.

#### newacct

Guest### At what rate percent per annum simple interest will a sum of money double itself in 10 years?

Answer. it means at the rate of 10% per annum sum will double itself in 10 years .

#### player0

Guest### At what rate percent per annum simple interest will a sum of money Triple itself in 20 years?

Let, the rate of simple interest per annum be R%. Now, I = A- P = 6050 - 5000 = 1050.

#### gbalduzzi

Guest### At what rate percent per annum simple interest will be a sum of money double itself in 16 years?

641%

#### julien.giband

Guest### At what rate percent per annum will the simple interest on a sum of money be 2 5?

Simplifying the above equation, we have y10=25. Cross multiplying the terms of the above equation, we have 5y=2×10=20. Rearranging the terms of the above equation, we have y=205=4. Hence, the rate of interest per annum is 4, which is option (c).

#### George Mauer

Guest### At what rate percent per annum will the simple interest on a sum of money will be 2 by 5 of the sum in 10 years?

Simplifying the above equation, we have y10=25. Cross multiplying the terms of the above equation, we have 5y=2×10=20. Rearranging the terms of the above equation, we have y=205=4. Hence, the rate of interest per annum is 4, which is option (c).

#### Novellizator

Guest### At what rate percent will a sum of money double itself in 5years?

Answer. R =? At 5% simple interest, a sum of money doubles itself in 20 years.

#### serg

Guest### At what rate percent will a sum of money doubles itself in 16 years?

The money doubles itself, it means 100% money is added. So the simple interest is 6.25% per year. Hope it helps.

#### John Ruddell

Guest### At what rate percent will a sum of money doubles itself in 8 years?

12.5%At what rate percent per annum will a sum of money double in 8 years. Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

#### shaedrich

Guest### At what rate percent will a sum of money treble itself in 16 years at SI?

Answer. Let, the SUM = Rs X and RATE = r%. TIME (t) = 16 years.

#### damnever

Guest### At what rate percent will a sum of money treble itself in 5 years?

Let the number of years be denoted as n. Given the principle amount triples itself in 5 years. r = 0.4 = 40%.

#### WiredPrairie

Guest### At what rate will a sum of money doubles itself in 10 years?

Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double.

Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest..

#### Tieme

Guest### At what simple interest rate will a sum of money be doubled in 5 years?

Alternatively you can calculate what interest rate you need to double your investment within a certain time period.

For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you'll need to earn 14.4% interest annually on your investment for 5 years: 14.4 × 5 = 72..

#### Cezar

Guest### At what simple interest rate will a sum of money become four times of itself in 15 years?

20%The rate at which a sum becomes four times of itself in 15 years at S.I., will be : A. = 20%.

#### Alex Koshelev

Guest### At what simple interest rate will an amount of money double itself in 12 years?

To use the Rule of 72 in order to determine the approximate length of time it will take for your money to double, simply divide 72 by the annual interest rate. For example, if the interest rate earned is 6%, it will take 12 years (72 divided by 6) for your money to double.

#### Misha Zaslavsky

Guest### At what simple interest rate will sum of money double itself in 5 years?

For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you'll need to earn 14.4% interest annually on your investment for 5 years: 14.4 × 5 = 72.

The Rule of 72 is a simplified version of the more involved compound interest calculation..

#### justin

Guest### How long does a sum of money takes to double itself at a simple interest rate of 7.5% per annum?

The rule states that an investment or a cost will double when: [Investment Rate per year as a percent] x [Number of Years] = 72. The Rule of 72 indicates than an investment earning 9% per year compounded annually will double in 8 years.

#### h-sifat

Guest### How long does it take a sum of money to triple itself at a simple interest rate of 5% per annum?

If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23).

#### Dzenis H.

Guest### How long in years would it take money to double at a simple interest rate of 5% per year?

14.4 yearsOr, if your money is earning a 5 percent interest rate, you'll double it in 14.4 years (72 divided by 5 equals 14.4).

#### Milan Babuškov

Guest### How long will a sum of money invested at 5% per annum si take to increase its value by 50?

Thus, it will take 8 years.