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If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of interest (in %)?

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If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of interest (in %)?
  • A$18\frac{3}{4}$
  • B$13\frac{1}{23}$
  • C$26\frac{2}{23}$
  • D30
Answer not set

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CCommunity
Right Answer for this question is $13\frac{1}{23}$