a sum gets uts double in 10 years. How much time it will take to get

1.	a sum gets uts double in 10 years. How much time it will take to get tripple?
Answer» There are a lot of calculators out there that can do this in less time A simple tool is the rule of 72. 72/interest rate = time to double. So 72/10 years = about 7.2% annual interest doubles in 10 years. In 30 years it will be triplet of the sum

a sum gets uts double in 10 years. How much time it will take to get tripple?

Answer»

There are a lot of calculators out there that can do this in less time A simple tool is the rule of 72.

72/interest rate = time to double.

So 72/10 years = about 7.2% annual interest doubles in 10 years.

In 30 years it will be triplet of the sum