Question: Please explains these two problems step by step not using excel or calculator If you deposit money today in an account that pays 6 5%

Please explains these two problems step by step not using excelPlease explains these two problems step by step not using excel or calculator

If you deposit money today in an account that pays 6 5% annual interest, how long will it take to double your money? You have $42, 180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $250,000. You expect to earn 12% annually on the account. How many years will it take to reach your goal

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