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 55-year CD that earns 2.082.08% compounded continuously. Use the given information to answer the questions. Question content area bottom Part 1(a) If $ 30 comma 000$30,000 is invested in thisCD, how much will it be worth in 5years? approximately $enter your response here (Round to the nearestcent.) Part 2(b) How long will it take for the account to be worth $ 75 comma 000 question mark$75,000? approximately enter your response here years (Round to two decimal places asneeded.)

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