At what rate percent of simple interest will a sum of money double

1.	At what rate percent of simple interest will a sum of money double itself in 12 years?
A.	8 1/4 %
B.	8 1/3 %
C.	8 1/2 %
D.	9 1/2 %
Answer» D. 9 1/2 %

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At what rate percent of simple interest will a sum of money double itself in 12 years?

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