In how many years will a sum of money double itself at 12% per annum?

1.	In how many years will a sum of money double itself at 12% per annum?
A.	6 years 9 months
B.	8 years 4 months
C.	7 years 6 months
D.	8 years 6 months
Answer» C. 7 years 6 months

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In how many years will a sum of money double itself at 12% per annum?

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