Question: Recently, a certain bank offered a 5 5 - year CD that earns 2 . 0 8 2 . 0 8 % compounded continuously. Use
Recently, a certain bank offered a year CD that earns compounded continuously. Use the given information to answer the questions. Question content area bottom Part a If $ comma $ is invested in thisCD how much will it be worth in years approximately $enter your response here Round to the nearestcent Part b How long will it take for the account to be worth $ comma question mark$ approximately enter your response here years Round to two decimal places asneeded
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