Question: Recently a certain bank offered a 5 year CD that earns 2 07 compounded continuous Use the given information to answer the questions a If

Recently a certain bank offered a 5 year CD that earns

Recently a certain bank offered a 5 year CD that earns 2 07 compounded continuous Use the given information to answer the questions a If 10 000 is invested in this CD how much will it be worth in 5 years approximately Round to the nearest cent b How long will it take for the account to be worth 35 000 approximately years Round to two decimal places as needed

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