If a certain sum of money invested at a certain rate of compound interest doubles in 5 years. In how many years will it become 4 times?
Since, 22=4.22=4.
Therefore, The amount will become 4 times in 2 x 5 = 10 years.
If a certain sum of money invested at a certain rate of compound interest doubles in 5 years. In how many years will it become 4 times?
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