Question 10
What should be the rate of interest per year so that your money triples in 15 years?
5.42%
12.50%
7.60%
20.00%
What should be the rate of interest per year so that your money triples in 15 years?
5.42%
12.50%
7.60%
20.00%
Correct answer
7.60%
Question 10 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 4 marks.