A sum of money becomes 1.331 times in 3 years as compound interest. The rate of Interest is
1). 8%
2). 7.5%
3). 10%
4). 50%
A sum of money at compound Interest amounts to thrice Itself In 3 years. In how many years will tt be 9 times Itself
1). 9 years
2). 27 years
3). 6 years
4). 3 years
A sum of money placed at compound Interest doubles itself in 4 years. In how many years will tt amount to four times Itself
1). 12 years
2). 13 years
3). 8years
4). 16 years
A sum of money becomes eight times In 3 years. If the rate Is compounded annually. In how much time will the same amount at the same compound rate become sixteen times
1). 6 years
2). 4 years
3). 8 years
4). 5 years
A sum of money becomes double in 3years at compound Interest compounded annually. At the same rate, in how many years will it become four times of itself
1). 4 years
2). 6 years
3). 6.4 years
4). 7.5 years