Double your wealth. Kant Miss Company is promising its investors that it will double their money every $2$ years. What annual rate is Kant Miss promising? Is this investment a good deal? If

you invest $$450$ now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $$34,000?$

Using the Rule of $72,$ what annual rate is Kant Miss promising?

$36\%($Round to the nearest whole percentage.$)$

Using the time value of money equation, what annual rate is Kant Miss promising?

$\%($Round to two decimal places.$)$

Is this investment a good deal? $($Select the best response.$)$

A$.$ No$.$ This investment is not a good deal if you are earning a rate of return lower than $41\mathrm{.}42\%$ annually on your current investment.

B$.$ Yes. This investment is a good deal if you are earning lower than $41\mathrm{.}42\%$ rate of return annually on your current investment.

C$.$ No$.$ It is hard to tell whether this investment is a good deal or not.

D$.$ Yes. This investment is a good deal if you are earning higher than $41\mathrm{.}42\%$ rate of return annually on your current investment.

If you invested $$450$ now and Kant Miss was able to deliver on its promise, how long would it take before your investment reaches $$34,000?$

$12\mathrm{.}48$ years $($Round to two decimal places.$)$