If one invests Rs 10,000 in a bank at a rate of interest 8% per annum, how long does - Maths - Sequences and Series

Question

If one invests Rs 10,000 in a bank at a rate of interest 8% per
annum, how long does it take to double the money by compound
interest? [(1 08)5 = 1 47]

Varun.Rawat · Accepted Answer

If one invests Rs. 10,000 in a bank at a rate of interest 8% per annum, how long does it take to double the money by compound interest? [(1.08)5 = 1.47]