document.write( "Question 1197706: I have invested $1200 in a bank acount with an interest rate 4.5% compounded monthly. After how many years will my account pass $2100 \n" ); document.write( "

Algebra.Com's Answer #831388 by MathTherapy(10551) $\"\"$ $\"About$

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\n" ); document.write( "I have invested $1200 in a bank acount with an interest rate 4.5% compounded monthly. After how many years will my account pass $2100
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Use the formula for the FUTURE VALUE of $1:  \r\n" );
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document.write( "                             ----- Substituting 1,200 for P, .045 for i, 12 for m, and 2,100 for A/FV\r\n" );
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document.write( "                                              ------ Converting to LOGARITHMIC form\r\n" );
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document.write( "                                     Time, or

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