A sum of money becomes five times of itself in 9 years at compound interest. In how many years will it becomes 25 times of itself ?
Answer & explanation
Correct answer: option 1
5 times in = 9 years
52 time in = 9 × 2 years
25 times in = 18 years
A sum of money becomes five times of itself in 9 years at compound interest. In how many years will it becomes 25 times of itself ?
Correct answer: option 1
5 times in = 9 years
52 time in = 9 × 2 years
25 times in = 18 years