Find the time required for an investment of 1 dollars to grow to 7300 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Round your answer to two decimal places.
Thank you!
find t such that
1.00(1 + 0.075/4)^(4t) = 7300
4t log(1 + 1.075/4) = log7300
now finish it off.