A principal of $7,650 is invested at a rate of 3.7% compounded annually. After how many years will the investment first exceed $12,250?
A)16
B)14
C)15
D)13
E)12

Name: A principal of $7,650 is invested at a rate of 3.7% compounded annually. After how many years will the investment first exceed $12,250? A)16 B)14 C)15 D)13 E)12
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The Answer of A principal of $7,650 is invested at a rate of 3.7% compounded annually. After how many years will the investment first exceed $12,250?
A)16
B)14
C)15
D)13
E)12

A Principal of $7,650 Is Invested at a Rate of 3.7