Kamariah invested RM6000 at a simple interest of 8% five years ago. Find the number of years required for it to double.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 18PROB
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Kamariah invested RM6000 at a simple interest of 8% five years ago. Find the number of years required for it to double.

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