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An employee puts $10 , 000in the bank for superannuation purposes, with an interest rate of 4.5% per year.Theinterestisaddedattheendofeachyear,andtheinterestrateisappliedtothenewamountoverthenext year (i.e. cumulative). After how many

An employee puts $10, 000in the bank for superannuation purposes, with an interest rate of 4.5% per year.Theinterestisaddedattheendofeachyear,andtheinterestrateisappliedtothenewamountoverthenext year (i.e. cumulative). After how many years (as a whole number) will the employee have a total of 30, 000 in the superannuationaccount?

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