You invest $3000 into an account that has a 3.7% annual

Last updated: 7/17/2022

You invest $3000 into an account that has a 3.7% annual interest rate and is compounded monthly. How long will it take until you have doubled your money? A. 231.29 years B. 18.76 years C. 1.6 years D. 38.56 years