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Exam CWM_LEVEL_2 topic 1 question 18 discussion

Actual exam question from AAFM India's CWM_LEVEL_2
Question #: 18
Topic #: 1
[All CWM_LEVEL_2 Questions]

As per rule 69 of doubling, what is the doubling period if rate of interest is 9%?

  • A. 8.5 years
  • B. 8 years
  • C. 8.4 years
  • D. 8.1 years
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Suggested Answer: B 🗳️

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ce0ff57
1 week, 4 days ago
Selected Answer: D
Rule 69=69/interest+0.35
upvoted 1 times
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