Sarita deposits $1,00 in an account paying 3.4% annual interest compounded continuously. Use the formula to continuous compounded interest, A=Pe rt , where p is the principal, r is the annual interest rate, and t is the time in years.
A. What is the balance in Sarita's account after 5 years?
B.How long will it take the balance in Sarita's account to reach $2,000