Task: Question Answering
Input (English): Problem: if money is invested at r percent interest , compounded annually , the amount of the investment will double in approximately 50 / r years . if luke ' s parents invested $ 11,500 in a long term bond that pays 12 percent interest compounded annually , what will be the approximate total amount of the investment 12 years later , when luke is ready for college ? 
Options: a ) 62,000 , b ) 85,500 , c ) 95,500 , d ) 100,500 , e ) 100,000
Output (English): c