If a sum of money grows to 144/121 times when invested for two years in a scheme where interest is compounded annually, how long will the same sum of money take to treble if invested at the same rate of interest in a scheme where interest is computed using simple interest method?
Submitted by: Administrator1. 9 years
2. 22 years
3. 18 years
4. 33 years
Ans : B
Submitted by: Administrator
2. 22 years
3. 18 years
4. 33 years
Ans : B
Submitted by: Administrator
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