SOLUTION: After what time will the interest on a certain sum of money at 10% per annum be half of the initial amount?
Algebra.Com
Question 238107: After what time will the interest on a certain sum of money at 10% per annum be half of the initial amount?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Impossible to tell. It could be tomorrow, or it could be never. It depends on the rate at which the money is repaid. Tell us the whole problem and perhaps we can help.
John
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