A loan of $19,000 is made at 3.75% interest, compounded

Last updated: 8/7/2022

A loan of $19,000 is made at 3.75% interest, compounded annually. If no payments are made towards this loan, in how many years will the amount due reach $33,000 or more, to the nearest year? Answer Record your answer in the boxes below. Be sure to use correct place value.