What rate compounded annually will double any sum in 6 years?

12.25% Correct

Similar GE-6114 questions

What is the present value of Php 1000 payable every three months for 10-years. If money is worth 8...
To be able to solve a problem, understanding what the problem asks for is very important.
If 16,000 earns 480 in 9 months ,what is the annual rate of interest?
What rate compounded quarterly is equivalent to 14% compounded semiannually?
What is the annual rate of interest if 265 is earned in four months on an investment of 15,000.00?
A loan of Php 2000 is made for a period of 13 months at asimple interestrate of 20%.What is the matu...