for this investment to grow to a If an investment of $35,000 is earning an interest rate of 11.00% compounded annually, it will take value of $72,565.61assuming that no additional deposits or withdrawals are made during this time. Which of the following statements is true, assuming that no additional deposits or withdrawals are made? O It takes 10.5 years for $500 to double if invested at an annual rate of 5%. It takes 14.2 years for $500 to double ir invested at an annual rate of 5%