Question: We learned two formulas for interest calculations: A(t) = P 1+- and A(t) = Pe. n pts each) If I deposit $14,000 today at an

 We learned two formulas for interest calculations: A(t) = P 1+-

We learned two formulas for interest calculations: A(t) = P 1+- and A(t) = Pe". n pts each) If I deposit $14,000 today at an interest rate of 2.7%, find how much is in my account after 25 years if... a) ...interest is compounded monthly. (Show a formula with numbers plugged in, then use your calculator.) b) ...interest is compounded continuously. (Show a formula with numbers plugged in, then use your calculator.). C If interest is compounded continuously, how long will it take until there is $35,000 in the account? Round your answer to one decimal place. Include units in your

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