Answered

When will 10750 double itself if marc invested it at the rate of 7% simple interest?

Sagot :

Cheahjimmyviz
10750p invested @ 7%simple interest per year
so
 interest earned per year =  10750*0.07      /  7% = 0.07
# of years to double itself =  10750/10750* 0.07 = 1/0.07
                                   ~ 14.28years
FlappyboyTop1viz
742.50 in the simple interest