The price of a commercial paper offering a payoff of $$10,000$ is $$9,950.$ If the annualized investment rate is $5\mathrm{.}6\%,$ when does the paper mature?

The price of a commercial paper offering a payoff of $$10,000$ is $$9,950.$ If the annualized investment rate is $5\mathrm{.}6\%,$ when does the paper mature?

in $29$years

in $33$ days

in $31$ years

in $29$ days

in $35$ days

in $33$years

in $35$years

in $31$days