Quantitative Aptitude Interest Simple Interest

How long (in years) will a sum of money invested at 6% per annum simple interest to increase its value by 40%?

1
\(6\frac{2}{3}\)
2
\(5\frac{2}{3}\)
3
\(6\frac{1}{3}\)
4
\(4\frac{1}{3}\)

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