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A managed fund run by Canowindra investments Ltd is offering a rate of return of 6% per annum, compounded monthly, after fees. If Samantha deposits

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A managed fund run by Canowindra investments Ltd is offering a rate of return of 6% per annum, compounded monthly, after fees. If Samantha deposits $10,000 in this fund, how many years will it take for her investment to grow to $18,000? Select one: 3. 19.6 years b. 12.7 years c. 9.8 years d. 8.8 years

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