Can someone please tell me did I do correctly ??? ASAP???!!!!

A country's government reports the rate of inflation both monthly and annually. Suppose that, for a particular month, the monthly rate of inflation is reported as 1.3%. Assuming that this rate remains constant, what is the corresponding annual rate of inflation? Is the annual rate 12 times the monthly rate? 8619 . . ... The corresponding annual rate of inflation is 16.776%. o vie (Round to three decimal places as needed.) e ans Is the annual rate 12 times the monthly rate? A. No, if the monthly increase is by a factor of 1.013, the yearly increase is by a factor of (1.013) 12. O B. Yes, the annual rate is 12 times the monthly rate. proc. No, if the monthly rate is 1.3%, the yearly rate is (1.3) 12%. O D. No, if the monthly increase is by a factor of 1.013, the yearly increase is by a factor of 12(1.013)