Practice mode Compound Interest

A sum at compound interest becomes 9 times itself in 4 years. In how many years will it become 27 times itself?

Correct answer B. 6 years

Explanation

9 = 3² in 4 years, so it triples every 2 years. 27 = 3³ needs 3 × 2 = 6 years.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.