Compute the compound interest.How long will it take for $9200 to grow to $30,300 at an interest rate of 8.9% if the interest is compounded quarterly? Round the number of years to the nearest hundredth.
A. 13.98 yr
B. 13.54 yr
C. 54.16 yr
D. 37.42 yr
Answer: B
Mathematics
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A. 
, 
B. 
, 
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, 
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when 
and 
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