Question 515649
Principal P =	2000							
Amount=	2163.2							
years=n								
compounded (t)	1							
Rate =	4				0.04			
Amount =	P*((n+r)/n)^n							
								
2163.2	=	2000	*(	1	+	0.04	)^	n*t
1.08	=	*(	1	+	0.04	)^	n*	1
ln	1.08	=	1	n *ln	1.04			
	0.08	=	1	0.04	*n			
	2	=	n					

2 years

m.ananth@hotmail.ca