how long will it take Annabel to accumulate the $6796?

Question

Annabel is saving up money for a down payment on a motorcycle. She currently has $5832 , but knows she can get a loan at a lower interest rate if she can put down $6796. If she invests the $5832 in an account that earns 4.6% annually, compounded monthly, how long will it take Annabel to accumulate the $6796? Round your answer to two decimal places, if necessary.

Answer 1

6796 = 5832(1 + 0.046/12)^12t

Can you solve for t and answer?

Answer 2

or you can use Pe^rt

6796=5832e^(.046t)