Suppose that an amount of $1600 is invested into an account

Last updated: 7/15/2022

Suppose that an amount of $1600 is invested into an account that earns 3.2% compounded continuously. a) How much is in the account after 7 years? b) How long does it take for the balance in the account to reach $3000? c) Suppose that after a period of four years, the balance is withdrawn and invested into a new account that earns 4.6% compounded monthly. How much would be in that new account 7 years from now?