How Long Will It Take $5,000 to Grow to $6,500

Multiple Choice

How long will it take $5,000 to grow to $6,500 if the investment earns interest at the rate of 13% / year compounded monthly?

A) 1.9 year(s)
B) 1.7 year(s)
C) 1.6 year(s)
D) 2.0 year(s)