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Corporate Finance · Quiz 1 · 15 Mar 2026 · January 2026 term

Question 13: How long will it take to double your money if the intere…

Question 13

+4 marksOne correct option

How long will it take to double your money if the interest rate is 8% per annum (compounded annually)?

  1. A

    7 years

  2. B

    9 years

  3. C

    11 years

  4. D

    13 years

Show answer

Correct answer

  • B

    9 years

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Question 13 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 15 Mar 2026, in the January 2026 term (Corporate Finance 15 Mar 26). It carries 4 marks.

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