QUESTION $6$

I have $$10,000$ today to invest and I would like to double my money. If the interest rate is $7\%,$ compounded annually, how long it take to double my money?

$11\mathrm{.}34$ years

$8\mathrm{.}25$ years

$7\mathrm{.}2$ years

$10\mathrm{.}24$ years

Cannot be determined