Q: A sum triples in ten years under compound interest at a certain rate of interest, the interest is being compounded annually. In how many years, it would become nine times?
(a)20 years
(b)30 years
(c)40 years
(d)50 years
Correct Answer: (a)
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Q: A sum triples in ten years under compound interest at a certain rate of interest, the interest is being compounded annually. In how many years, it would become nine times?
Correct Answer: (a)