Nitin’s money becomes double in 4 years at compound interest. In how many years will it become sixteen times at compound Interest?

Nitin’s money becomes double in 4 years at compound interest. In how

1.	Nitin’s money becomes double in 4 years at compound interest. In how many years will it become sixteen times at compound Interest?
A.	20
B.	24
C.	16
D.	28
Answer» D. 28

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Nitin’s money becomes double in 4 years at compound interest. In how many years will it become sixteen times at compound Interest?

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