The compound interest formula is given by A:P(1+ ;)t where A is the accumulated amount, after an initial investment of P dollars is invested for 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 $8,250 to grow to $27,225, if the account earns 14.8% interest per year, compounded daily. Round the solution to two decimal places. Assume there are 365 days in a year. The account balance will reach $27,225 after years. Question Help: [ Video Submit Question The population of Vero Beach can be modeled by the function P= 1719660.019518 where t is the number of years since 2020. Use the above function to answer the following questions. What was the population of Vero Beach in 2020? In what year is the population of Vero Beach projected to reach 24,4187 Round the solution to the nearest whole number. Question Help: []Video 1 [ Video 2 Submit All Parts