Question:

Today you have exactly $4817.81 in your savings account

Last updated: 7/15/2022

Today you have exactly $4817.81 in your savings account

Today you have exactly $4817.81 in your savings account earning exactly 0.5% interest, compounded monthly. How many years will it take before that account reaches $15211.93? Use trial and error to find the number of years (t).