Least number of complete years for a sum at r% compound interest to more than double or treble
The same question, asked 2 times: CDS 2 2019*, CDS 1 2025. Every wording below, oldest first.
Try each one first, then open its answer.
Question 1
CDS 2 2019
44What is the least number of complete years in which a sum of money put out at 40% annual compound interest will be more than trebled ?Tap an option to check your answer.
Question 2
CDS 1 2025
49What is the least number of complete years in which a sum of money put out at 20% compound interest (compounded annually) will be more than doubled ?Tap an option to check your answer.