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794

Q:

A sum of money becomes double in 3 years at compound interest compounded annually at the same rate. In how many years will it become four times of itself? 

  • 1
    6.4 years
  • 2
    7.5 years
  • 3
    4 years
  • 4
    6 years
  • Show Answer
  • Workspace

Answer : 4. "6 years "

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