B-y is the another factor
compound interest equation for annually compounded

A=final amount
P=principal
r=rate in decimal
t=time in years
given that
A=1550
P=1000
r=5.5%=0.055
find t

divide both sides by 1000

take ln of both sides

use ln rule 

divide both sides by ln(1.055)

using a calculator, we get that t=8.18544 yrs
so about 8.2yrs
1.06
1.501
1.506
1.605
Hope this helps
Answer:
42
Step-by-step explanation:
Answer:
count: Sum up a pre-set interval of values in excel cells.
countif: sum up a pre-set interval of values according to certain rules determined by the user.
averageif: sum the values in cells and the divides the result by the total of cells considered in the function.
Step-by-step explanation:
count: Sum up a pre-set interval of values in excel cells.
countif: sum up a pre-set interval of values according to certain rules determined by the user.
averageif: sum the values in cells and the divides the result by the total of cells considered in the function.