Given the equation:

We will find the value of (y) when ( x = 2i )
Note: i² = -1
so, when x = 2i

Simplifying the answer
So,

So, the answer will be y = -8+2i
Principal Amount = P = $885
Amount Accumulated = A = $3500
Interest rate = r = 12% = 0.12
Compounding period in a year = n = 2
Time in years = t = ?
The formula for compounding is:

Using the values, we get:
This means, it will take him 11.8 or approximately 12 years
Answer:
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