Question $3$ of $15$

Timber Inc. invested profits of $$165,000\mathrm{.}00$ in a GIC at $4\mathrm{.}69\%$ compounded monthly. How long would it take for the investment to grow to a value of at least $$219,000\mathrm{.}00?$

years months

Express the answer in years and months, rounded up to the next month