Elijah invested $610 in an account paying an interest rate of 4.1% compounded annually. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $900?

9.757

Step-by-step explanation:

To solve us the compound interest formula:

Where A=amount earned; P=principle or starting amount; r=rate(remember to convert to decimal; t=time

Plug your numbers in:

Divide by 610

Convert to logarithms

㏒(1.475409836)=㏒1.041

Divide

㏒(1.4754-98236)/㏒1.041=x

9.757