Question 913217
Find number of years										
Principal P =	2400									
Amount=	8000									
n= number of periods	4									
compounded (t)	1									
Rate =	10.6				0					
n = ln(FV / PV) / ln(1 + r)		(r/q))								
										
n=(	ln	(	8000	/	2400	)/ln(	1	+	0.11	)
n=(	1.2	)/	ln	1.11						
n=(	1.2	/	0.1	)  						
n=  	11.95	quarters								
	11.95	years	

							
12 years