Mathematics, 01.08.2020 14:01 dylanentwistle5197

A loan of $25,475 is taken out at 4.6% interest, compounded annually. If no payments are made, after about how many years will the amount due reach $37,500? Round to the
nearest year.

Please helpp

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A loan of $25,475 is taken out at 4.6% interest, compounded annually. If no payments are made, afte...

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A loan of $25,475 is taken out at 4.6% interest, compounded annually. If no payments are made, after about how many years will the amount due reach $37,500? Round to the nearest year. Please helpp

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Another question on Mathematics

A loan of $25,475 is taken out at 4.6% interest, compounded annually. If no payments are made, after about how many years will the amount due reach $37,500? Round to the
nearest year.

Please helpp