Question 1207038
<br>
Since the problem is multiple choice with only 4 choices (which are all very different from each other), the correct answer can be found by estimating.<br>
The 8.3% interest is an annual interest rate.
8.3% is very close to 1/12; 12 times 8.3% is99.6%.
So the money will double (i.e., grow by 100%) in about 12 years, which is 144 months.<br>
Only answer choice C is close to 144 months.<br>
ANSWER: 145 months<br>