Help Seve & Ext Submit Masode purchased a tract of land for $31.500. Today, the same land is worth $48,600. How many years have passed if the price of the land has increased at an annual rate of 53 percent? 2 ) Multiple Choice 0 746 years o 766 years o 720 years o O 630 years NO Help Save & Ext Submit o 746 years o 266 years o 120 years o 6 30 years o 8.40 years