taedreamiee taedreamiee

01-01-2021
Mathematics

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A certain sum of money doubles itself in 8 years. How much time will it take to triple itself at the same rate?
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Eddie1Wan Eddie1Wan

01-01-2021

Answer:

It will take 12years to triple itself

Step-by-step explanation:

let the sum of money=x

In 8years x becomes 2x

thus

2x-8years

Then 3x-?

Using ratio and proportion,

x=3/2×8years=12years

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