Mathematics for FinanceMTP May 18Question 1271 of 422
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The time in which a sum of money will be doubled at $6\%$ compound interest compounded interest compounded interest compounded annually approximately.

Options

A$10$ years
B$12$ years
C$13$ years
D$14$ years
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Correct Answer

Option d$14$ years

All Options:

  • A$10$ years
  • B$12$ years
  • C$13$ years
  • D$14$ years

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