Question:
If a certain sum invested under compounded interest becomes 4 times of itself in 15 years then in how many years wil the same sum become 16 times of itself?
If a certain sum invested under compounded interest becomes 4 times of itself in 15 years then in how many years wil the same sum become 16 times of itself?
Updated On: Oct 25, 2024
- 30 years
- 45 years
- 60 years
- 64 years
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The Correct Option is A
Solution and Explanation
The correct answer is (A);30 years
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