A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest.
(a) 12 years
(b) 18 years
(c) 24 years
(d) 16 years

Question

A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest. (a) 12 years (b) 18 years (c) 24 years (d) 16 years

Pawan Prajapati · Answer

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A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest. (a) 12 years (b) 18 years (c) 24 years (d) 16 years

A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest.
(a) 12 years
(b) 18 years
(c) 24 years
(d) 16 years

1 Answers

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A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest. (a) 12 years (b) 18 years (c) 24 years (d) 16 years

A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest. (a) 12 years (b) 18 years (c) 24 years (d) 16 years

1 Answers

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A sum of money doubles itself in 4 years at compound interest. How many years it will become eight times at the same rate of interest.
(a) 12 years
(b) 18 years
(c) 24 years
(d) 16 years