In what time does money becomes double at simple interest rate of 12%

1.	In what time does money becomes double at simple interest rate of 12% per annum?
A.	\(6\frac{1}{3}\) Years
B.	\(6\frac{2}{3}\) Years
C.	\(8\frac{1}{3}\) Years
D.	\(8\frac{2}{3} \) Years
Answer» D. \(8\frac{2}{3} \) Years

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In what time does money becomes double at simple interest rate of 12% per annum?

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