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If a sum borrowed under compound intrest doubles itsef in 10 years, when will it become four fold?

If a sum borrowed under compound intrest doubles itsef in 10 years, when will it become four fold?
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If a sum borrowed under compound intrest doubles itsef in 10 years, when will it become four fold?

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User Luten
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1 Answer

3 votes
If the original investment doubled in 10 years, then double the investment
will double again in the next 10 years. Thus, in 20 years, the original sum
would have increased fourfold.
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User Ajeet Sharma
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