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Corporate Finance · Quiz 1 · 23 Feb 2025 · January 2025 term

Question 1: What should be the rate of interest per year (annually co…

Question 1

+4 marksOne correct option

What should be the rate of interest per year (annually compounded) so that your money triples in 10 years?

  1. A

    5.42%

  2. B

    7.60%

  3. C

    11.61%

  4. D

    20.00%

Show answer

Correct answer

  • C

    11.61%

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Question 1 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 23 Feb 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB2 23 Feb 2025). It carries 4 marks.

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