Galaxy Company has added a crypto fund. The high-risk fund will earn a significant risk-reward return rate of 24% per year, compounded monthly. Find how long it will take $ 12000 invested in this fund to grow eightfold (x B)
O a. 9.57 years O b. 11.64 years O c. 7.41 years O d. 5.79 years O e. 5.83 years