Growth multiple of a sum at annual compound interest: least years or the multiple
This type of question, asked 4 times: CDS 2 2019, CDS 2 2023, CDS 1 2025, CDS 2 2026. All 4 questions 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 2 2023
53A sum of money at 20% rate of compound interest per annum becomes more than 100 times in n years. What is the least value of n ? (Use , )Tap an option to check your answer.
Question 3
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.
Question 4
CDS 2 2026
28A sum of money at the rate of 5% per annum compounded annually becomes n times in 100 years. What is the value of n ? (Given , and )Tap an option to check your answer.