- 04/18/2019 at 9:13 pm #527067EduGorillaKeymasterSelect Question Language :
A financier lent out a certain sum of money to a person under simple interest at the rate of 4k% p.a, where ‘k’ is the number of years, i.e. in the first year, the rate is 4%, in the second year, it is 8% and in the third year, it is 12%, and so on. In how many years will his money get doubled?
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