If a sum of money grows to 144/121 times when invested for two years in a scheme where interest is compounded annually, how long will the same sum of money take to treble if invested at the same rate of interest in a scheme where interest is computed using simple interest method?
(1) 9 years
(2) 22 years
(3) 18 years
(4) 33 years
If your mind can conceive it and your heart can believe it, have faith that you can achieve it.