Write the Word or Phrase That Best Completes Each Statement $\$ 1600$

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-How long will it take for $\$ 1600$ to grow to $\$ 24,300$ at an interest rate of $4.4 \%$ if the interest is compounded continuously? Round the number of years to the nearest hundredth.

A) $6182.89 \mathrm { yr }$
B) $1.89 \mathrm { yr }$
C) $6.18 \mathrm { yr }$
D) $61.83 \mathrm { yr }$