Q. At what annual rate will a sum of money double in 10 years at compound interest?
✅ Correct Answer: (A)
7.18%
Explanation: (1 + R/100)¹⁰ = 2 → R ≈ 7.18%.
Explanation by: Mr. Dubey
(1 + R/100)¹⁰ = 2 → R ≈ 7.18%.