Question 871377
Principal P =	1600									
Amount=	3200									
n= number of periods	1									
compounded (t)	4									
Rate =	11				0.11					
n = ln(FV / PV) / ln(1 + r)		(r/q))								
										
n=(	ln	(	3200	/	1600	)/ln(	1	+	0.03	)
n=(	0.69	)/	ln	1.03						
n=(	0.69	/	0.03	)  						
n=  	25.55	quarters								
	6.39	years