Mathematics for FinanceMTP Mar 22Question 1346 of 479
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The time in by which a sum of money is 8\displaystyle 8 times of itself if it doubles itself in 15\displaystyle 15 years interest compounded annually.

Options

A42\displaystyle 42 years
B43\displaystyle 43 years
C45\displaystyle 45 years
D46\displaystyle 46 years
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Correct Answer

Option c45\displaystyle 45 years

All Options:

  • A42\displaystyle 42 years
  • B43\displaystyle 43 years
  • C45\displaystyle 45 years
  • D46\displaystyle 46 years

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