Question

At what rate percent compound interest does a sum of money become four fold in 2 years

Answer 1

Returns getting 4 times itself in 2 years is 100%

Here are the details based on your data.

Tried For: Rate of Return

Input:

Deposit Amount = 10000

Future Amount = 40000

Interest Frequency = Yearly

Tenure (In Months) = 24

Results:

Interest Earned = 100.00%