Mathematics · Simple Interest
A specific amount of money quadruples itself in 8 years under simple interest. How many years will it take to become 12 times the initial amount at the same rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11927 years
- 21425 years
- 31816 years
- 4883 years✓
Correct answer
883 years
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