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Discussion

A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?

  • A.16
  • B.8
  • C.12
  • D.20

Answer: C

100 ---- 200 ---- 4

              400 ---- 4

               800 ---- 4

                          ------

                    12 years

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