Mathematics · Compound Interest

A sum of money doubles itself in 82 years at compound interest. In how many years will it become eight times itself at the same rate of interest?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1156 years
2246 years✓
3320 years
4224 years

Correct answer

246 years

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A sum of money doubles itself in 82 years at compound interest. In how many years will it become eight times itself at the same rate of interest?

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A sum of money doubles itself in 82 years at compound interest. In how many years will it become eight times itself at the same rate of interest?

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