At what simple interest rate per annum will P 1 become P 2 in 2 years?  a. 100% b. 75% c. 50% d. 25%

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
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At what simple interest rate per annum will P 1 become P 2 in 2 years? 

a. 100%

b. 75%

c. 50%

d. 25%

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