se the compound interest formulas (4 = P(1+)" and A = Pe") to solve the following word problems. (2 points each) 19. Jayla opens a savings account. She deposits $250 and will earn 26% interest compounded continuously. How much money will Jayla have in her account after 3 years? Round to the nearest hundredth. 20. Suppose you inherit a generous sum of money. How long would it take you to invest $10,000 and turn it into $275,000 with a 3.5% interest rate compounded daily? Round to the nearest year.
