Mathematics · Compound Interest
A certain principal sum of money triples itself in 8 years under compound interest. How many years will it take for the sum to become nine times its original value at the same interest rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 118 years
- 217 years
- 319 years
- 416 years✓
Correct answer
16 years
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