Answer:
29 years
Step-by-step explanation:
A = P (1 + r)^t
where A is the final amount,
P is the initial amount,
r is the annual interest rate,
and t is the number of years.
17,000 = 11,000 (1 + 0.015)^t
1.545 = 1.015^t
log 1.545 = t log 1.015
t ≈ 29
