Q: Given a math problem with context and a question and 5 answer choices, the task is to provide the correct answer choice based on the problem. You must choose one of the given answer choices by letter: a, b, c, d, or e; anything else is invalid.
Problem: the compound interest on $ 30,000 at 7 % p. a is $. 4347. find out the period ( in years ) ?
Options: a. 1, b. 1.5, c. 2, d. 2.5, e. 3
A:
c