How much time will be needed for $21,000 to grow to $22,295.23 if deposited at 6% compounded monthly? The amount $21,000 will grow to $22,295.23 in year(s).
(Do not round until the final answer. Then round to the nearest tenth as needed.)

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?