At what rate of simple interest a sum will be doubled in 15 years?

6.66 \% per year.

In what time will a sum of money put at 15 simple interest triple itself?

A sum of money lent on simple interest triples itself in 15 years and 6 months.

At what rate of simple interest will the amount be doubled in 20 years?

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

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

So rate per annum = 10\%.

How many whole years will it take to double a $100 investment and turn it into $200 if the interest rate is compounded annually and you earn 6\% per year?

Simply divide the number 72 by the annual rate of return to determine how many years it will take to double. For example, $100 with a fixed rate of return of 8\% will take approximately nine (72 / 8) years to grow to $200. Bear in mind that “8” denotes 8\%, and users should avoid converting it to decimal form.

In what time does a sum of money become triple the amount at a simple?

A certain sum of money triples itself in 5 years at simple interest.

What simple interest rate will an amount of money double itself in 10 years?

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

At what rate percent per annum will a sum of money double in 16 years?

Let principal = P. Then S.I. = P and T = 16 yrs. Rate = 100 x P/P*16\% = 6 ¼ \% p.a.

How much does a sum of money double itself in 4 years?

A sum of money double itself in 4 years at compound interest. In how many years it will become eight times at same rate of interest >> A sum of money double itsel… A sum of money double itself in 4 years at compound interest. In how many years it will become eight times at same rate of interest

How long does it take to Triple A sum of money?

As earned sum not re-invested the sum of 100 alone grows at 10\% and it takes another 10 years to have triple the sum. Originally Answered: A sum of money doubles in 10 years in simple interest. In how many years will it be tripled?

What is the rate of interest on sum doubled in 16 years?

If you calculate the rate of interest on sum being doubled in 16 years, it comes to 6.25 \%. Now if you calculate with this interest rate i.e. 6.25 \% for 8 years, you will get that the amount becomes one and half times of itself. The answer will depend whether the sum is increasing linearly or compoundly.

How many times does the sum increase in 8 years?

Because in 16 years, the sum doubles. Which means a 100℅ increase. So in 8 years i.e. in half the time it will increase 50℅. Hence 1.5 times.