Question 1137955
4700=4000(1+(0.0725/2)^2n
1.175=(1.03625)^2n
logs both sides
0.07004=2n(0.01546)
2n=4.53
n=2.26 years
4 compoundings or 2 years is $4612.31
5 compoundings is 2.5 years and $4779.50