Asked by Stella

How long do you need to invest your money in an account earning an annual interest rate of 3.069% compounded monthly so that your investment grows from $1426.43 to $11980.00 over that period of time?
Answered by oobleck
1426.43(1 + .03069/12)^n = 1198.00
Solve for n, the number of months.
Answered by Stella
Thank you for your answer
How can I solve it for N?
What is the way?
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