In 30 years an amount becomes 5 times the original amount. What is the

1.	In 30 years an amount becomes 5 times the original amount. What is the rate of interest?
A.	6.67%
B.	12.5%
C.	13.33%
D.	24%
Answer» D. 24%

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In 30 years an amount becomes 5 times the original amount. What is the rate of interest?

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