Question: For the following amount at the given interest rate compounded continuously, find (a) the future value after 5 years, (b) the effective rate, and (c)

For the following amount at the given interest rate compounded continuously, find (a) the future value after 5 years, (b) the effective rate, and (c) the time to reach $17,000. $5300 at 3.2% . . . a. The future value after 5 years is approximately $ (Do not round until the final answer. Then round to the nearest cent as needed.) b. The effective rate is % . (Do not round until the final answer. Then round to two decimal places as needed.) c. The time to reach $17,000 from $5300 at 3.2% compounded continuously is years. (Do not round until the final answer. Then round to two decimal places as needed.)

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