How long will a sum of money invested at 5% per annum SI take to incre

1.	How long will a sum of money invested at 5% per annum SI take to increase its value by 50%
A.	10 yr
B.	12 yr
C.	15 yr
D.	7 yr
E.	None of the above
Answer» B. 12 yr

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How long will a sum of money invested at 5% per annum SI take to increase its value by 50%

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