Complete the Table for a Savings Account in Which Interest

Complete the table for a savings account in which interest is compounded continuously. $$\begin{array} { | c | c | c | c | } \hline \text { Initial investment } & \text { Annual rate } & \text { Time to double } & \text { Amount after 10 years } \\\hline \$ 11,000 & \ldots& \ldots & \$ 21996.76 \\\hline\end{array}$$ (Round the answer up to two decimal places. )

A) Annual rate: $8.93 \%$ Time to double: 10 $y r$
B) Annual rate: $6.93 \%$ Time to double: 15 yr
C) Annual rate: $10.93 \%$ Time to double: 10 $y r$
D) Annual rate: $6.93 \%$ Time to double: 14 yr
E) Annual rate: $6.93 \%$ Time to double: 10 $y r$

Correct Answer:

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