Find how long it takes a $500.00 investment to earn $300.00 in interest if it is invested at 2% compounded annually. It will take years. (Round answer to 3 decimal places.)

Suppose that $70000 is invested at 5% interest per year. Find the amount of money in the account after 2 years if the interest is compounded annually. Find the amount of money in the account after 2 years if the interest is compounded continuously. If interest is compounded annually, what is the amount of money at t=2 years? $ (Simplify your answer. Type an integer or a decimal. Round to the nearest cent if needed.) If interest is compounded continuously, what is the amount of money at t=2 years? $ (Simplify your answer. Type an integer or a decimal. Round to the nearest cent if needed.)

Kevin wants to save money to purchase a car. He starts saving $1,415 quarterly in an account that earns 2.1% compounded quarterly. How much will he have saved in 3 years? Round your answer to two decimal places.

How much will a deposit of $5000 amount to after 7 years if it is compounded every 6 months (2 times/year) at a 3.2% interest rate. Round to the nearest cent. List the values of each part and solve the problem. Use formula A= P(1+r/n)nt