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In an account Clarence Strutton currently has $37,850.00. At a rate of 4.00% how long will it take for them to have $68,690.00 assuming tri-annually

  1. In an account Clarence Strutton currently has $37,850.00. At a rate of 4.00% how long will it take for them to have $68,690.00 assuming tri-annually compounding? (Hint: compute the exact years, do not use rule of 70/72)

    a. 5.07 years

    b. 15.00 years

    c. 45.00 years

    d. 15.20 years

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