Time to accumulate a given sum Personal Finance Problem Manoel Rios wishes to determine how long will take an initial deposit $12.000 to .. Manuel ama 0% annual interest on the deposit, how long will it take for him to douto his money? b. How long will it take if he earns only 6% annual interest? c. How long will it take if he can earn 11% annual interest? d. Reviewing your findings in parts a, b, and e, indicate what relationship exists between the interest rate and the amount of time it will take Marunt to double ha money a. Manuel cams 9% annual interest, the amount of time to double his money to years. (Round to two decimal places.) b. Ir Manuel cams 8% annual interest, the amount of time to double his money is yours (Round to two decimal places) c. Manuel cama 11% annual interest the amount of time to double his money is years. (Round to two decimal places) d. Reviewing your findings in parts a, b, and e, indicate what relationship exists between the interest rate and the amount of time it will take Manual to double his money, (Select the best answer below.) OA. The interest rate does not affect how long it will take to accumulate a given future value OB. The higher the rate of interest, the less time is required to accumulate a given future sum OC. The lower the rate of interest, the less time is required to accumulate a given future sum OD. The higher the rate of interest, the more time is required to accumulate a given future sum