How long will it take for a sum of money invested at 5% pa at simple interest to increase its value by 40%?

How long will it take for a sum of money invested at 5% pa at simple i

1.	How long will it take for a sum of money invested at 5% pa at simple interest to increase its value by 40%?
A.	5 years
B.	6 years
C.	7 years
D.	8 years
Answer» E.

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How long will it take for a sum of money invested at 5% pa at simple interest to increase its value by 40%?

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