Here is the question: Chloe deposited $2,884.25 into a savings account with an interest rate of 1.9% compounded monthly. About how long will it take for the account to be worth $6,000?
A) 9 years, 1 month
B) 21 years, 8 months
C) 38 years, 7 months
D) 38 years, 11 months
I think the answer is 38 years, 7 months... but I'm not sure and I don't know how to plug in 38 years, 7 months into the equation to make sure I have the right answer.