A sum of money becomes double itself in 8 years at simple interest. How many times will it become 12 years at the same rate? Choose the correct choice from the following:
A) 2P	B) 3P	C) 4P	D) 5P	E) 7P
P ---- 2P ---- 8 years   3 P ---- 12 years   ANSWER:3P
<result>B</result>
A sum of money becomes double itself in 8 years at simple interest. How many times will it become 12 years at the same rate?