John invested $ 30000 at 7% per annum, He got 34347 after some period, The interest was calculated compoundly. Find the period?	Choose the correct choice from the following choices:
A) 2 Years  B) 2 1/2 Years  C) 3 Years  D) 4 Years  E) 3 1/2 Years
P(1+(R/100))power of n   so   =30000(1+(7/100))power of n = 34347   =(107/100)Power of n=34347/30000   To simplify 34347/30000   We get 11449/10000   This is in the form of (107/100) power of 2   so The value of n is 2   2 Yearsnswer is 2 years
<result>A</result>
John invested $ 30000 at 7% per annum, He got 34347 after some period, The interest was calculated compoundly. Find the period?