7. Mrs. Sunita has `50,000 at her disposal. She wants to get her money doubled. (a) If...
Question:
7. Mrs. Sunita has `50,000 at her disposal. She wants to get her money doubled.
(a) If interest is compounded @12% p.
a. annually, then how long she has to wait to fulfill her desire?
(b) If she is ready not to wait for more than 4 years then what should be the approximate rate of compound interest?
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Jehal Shah
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Related Book For 
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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