<PRE><B>Question 866000</B>
A=P(1+r/n)^nt 
 In the formula, 
A is the amount of money in the savings account, 3400
P is the principle,  1700
r is the interest rate, 6% or .06
t is the time that the money is in the account,  ---We are trying to find this.

 n is the number of times the money is compounded per year. 12

A=P(1+r/n)^nt 
3400=1700(1+.06/12)^12t  </PRE>