SOLUTION: olve the problem by setting up and solving an appropriate algebraic equation. How long will it take $200 to double itself at 11% simple interest? how many yr

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Question 1108865: olve the problem by setting up and solving an appropriate algebraic equation.
How long will it take $200 to double itself at 11% simple interest?

how many yr

Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!

If doubles, then




It will take 9 years

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