Mathematics for FinanceMTP Jun 23Question 1379 of 422
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A sum of money invested of compound interest double itself in four years. In how many years it become $32$ times of itself at the same rate of compound interest.

Options

A$12$ years
B$16$ years
C$20$ years
D$18$ years
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Correct Answer

Option c$20$ years

All Options:

  • A$12$ years
  • B$16$ years
  • C$20$ years
  • D$18$ years

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