Question 534914
Principal P =	1100
Interest = 200							
Amount=	1300							
years=n								
compounded (t)	4	times a year						
Rate =	7				0.02			
Amount =	P*((n+r)/n)^n							
								
1300	=	1100	*(	1	+	0.02	)^	n*t
1.18	=	*(	1	+	0.02	)^	n*	4
ln	1.18	=	4	n *ln	1.02			
	0.17	=	4	0.02	*n			
	2.41	=	n					
2.41 years

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