If an investment of $35,000 is earning an interest rate of 5.50% compounded annually, it will take for this investme

[answerhappygod]

If an investment of $35,000 is earning an interest rate of 5.50%
compounded annually, it will take for this
investment to grow to a value of $45,743.60—assuming that no
additional deposits or withdrawals are made during this time.
A. 0.2 years
B. 0.3 years
C. 1.3 years
D. 5.0 years
Which of the following statements is true, assuming that no
additional deposits or withdrawals are made?
A. It takes 10.5 years for $500 to double if
invested at an annual rate of 5%.
B. It takes 14.2 years for $500 to double if
invested at an annual rate of 5%.