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Doubling Time (Simple Interest) Solution

STEP 0: Pre-Calculation Summary
Formula Used
doubling_time_(simple_interest) = 1/Annual Interest Rate
DT(SI) = 1/i
This formula uses 1 Variables
Variables Used
Annual Interest Rate- Annual Interest Rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets on annual basis.
STEP 1: Convert Input(s) to Base Unit
Annual Interest Rate: 8 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
DT(SI) = 1/i --> 1/8
Evaluating ... ...
DT(SI) = 0.125
STEP 3: Convert Result to Output's Unit
0.125 Second -->0 Year (Check conversion here)
FINAL ANSWER
0 Year <-- Doubling Time (Simple Interest)
(Calculation completed in 00.015 seconds)

1 Other formulas that you can solve using the same Inputs

Compound Interest
future_value_of_investment = Principal Investment Amount*(1+(Annual Interest Rate/Number of Periods))^(Number of Periods*Number of Years the Money is Invested) Go

Doubling Time (Simple Interest) Formula

doubling_time_(simple_interest) = 1/Annual Interest Rate
DT(SI) = 1/i

How to Calculate Doubling Time (Simple Interest)?

Doubling Time (Simple Interest) calculator uses doubling_time_(simple_interest) = 1/Annual Interest Rate to calculate the Doubling Time (Simple Interest), Doubling Time (Simple Interest) is used to calculate how long it would take to double the balance on an interesting bearing account that has a simple interest. Doubling Time (Simple Interest) and is denoted by DT(SI) symbol.

How to calculate Doubling Time (Simple Interest) using this online calculator? To use this online calculator for Doubling Time (Simple Interest), enter Annual Interest Rate (i) and hit the calculate button. Here is how the Doubling Time (Simple Interest) calculation can be explained with given input values -> 0 = 1/8.

FAQ

What is Doubling Time (Simple Interest)?
Doubling Time (Simple Interest) is used to calculate how long it would take to double the balance on an interesting bearing account that has a simple interest and is represented as DT(SI) = 1/i or doubling_time_(simple_interest) = 1/Annual Interest Rate. Annual Interest Rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets on annual basis.
How to calculate Doubling Time (Simple Interest)?
Doubling Time (Simple Interest) is used to calculate how long it would take to double the balance on an interesting bearing account that has a simple interest is calculated using doubling_time_(simple_interest) = 1/Annual Interest Rate. To calculate Doubling Time (Simple Interest), you need Annual Interest Rate (i). With our tool, you need to enter the respective value for Annual Interest Rate and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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