Answer:
5.50 years
Step-by-step explanation:
A = P[tex](1 + \frac{r}{n})^{nt}[/tex]
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
3178 = 2000(1+.086/2)^2t
t = 5.499904413
