Explain clearly.

Chanda wants to invest 6500 dollars in an investment account with APR 8.6% compounded 12 times per year. 1. Suppose A(t) is the amount in Chanda's investment account after & years. Then A(t) 2. How long will it take to double the initial investment? Your answer should be given as the smallest year greater than or equal to the actual time. 3. How long will it take for the account to be 9 times the initial investment? Your answer should be given as the smallest year greater than or equal to the actual time. Submit