Question 1063256
A = P(1+rt)
1600 = 1200(1+0.0761*t) on the right distribute the 1200:
1600 = 1200+1200*(0.0761)*t
1600 = 1200+91.32t flip the equation to get the unknown t on the left
1200+91.32t = 1600
91.32t = 400
t = 400/91.32
t = 4.38 years