Question 33 The compound interest formula is given by A -P(14 -) nt where A is the accumulated amount, after an initial investment of P dollars is invested for t years, at annual interest rate r, compounded n times per year. Use the formula above to determine how long it will take an initial investment of $43,000 to double, if the account earns 6% interest per year, compounded daily. Round the solution to two decimal places. Assume there are 365 days in a year. The account balance will double after years. Use the formula above to determine how long it will take an initial investment of $43,000 to double, if the account earns 12% interest per year, compounded daily. Round the solution to two decimal places. Assume there are 365 days in a year. The account balance will double after years. Question Help: Video 99+ 15 81.F Mostly cloudy