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manis

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· 1 Months ago

solution? (Question: 205423.0 )

pls provide solution

Question:
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 ?
Options:
A) 4
B) 6
C) 6.4
D) 7.5
Solution:
Ans: (b) Money will be four times in 6 years.

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