Can someone help me out with this math question please??
Thomas wants to save money for vacation. Thomas invests $1,200 in an account that pays an interest rate of 4%.
How many years will it take for the account to reach $14,400? Round your answer to the nearest hundredth.

Question

Can someone help me out with this math question please??
Thomas wants to save money for vacation. Thomas invests $1,200 in an account that pays an interest rate of 4%. 
How many years will it take for the account to reach $14,400? Round your answer to the nearest hundredth.

yamyam70 · Answer

I think you should derive the formula solve for T ( time)

anonymous · Answer

yeah its something like A=P(1+r)^t

anonymous · Answer

@yamyam70

yamyam70 · Answer

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